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DoorDash Stock Surges 448% Despite 3473% Volume Drop to 63rd Rank
Generated by AI AgentAinvest Volume Radar
Monday, Jun 23, 2025 9:14 pm ET1min read
On June 23, 2025,
(DASH) saw a trading volume of $991 million, marking a 34.73% decrease from the previous day. Despite this, the stock price rose by 4.48%, placing it at the 63rd position in terms of trading volume for the day.DoorDash's stock has recently hit a 52-week high of $225.0, reflecting the company's strong market position and investor confidence. This milestone comes as the company continues to expand its services and strategic acquisitions, which have contributed to its upward trajectory.
Raymond James has upgraded DoorDash to a Strong Buy, raising its price target to $260 from the previous $215. This upgrade is based on the company's remarkable momentum and its ability to deliver significant returns to investors. The stock has shown a 93.59% return over the past year and is currently trading near its 52-week high.
JMP Securities has reiterated its positive stance on DoorDash, setting a price target of $235. This reiteration underscores the company's strong performance and its potential for further growth. The stock's recent price movements and analyst upgrades indicate a bullish outlook for DoorDash, driven by its strategic initiatives and market leadership.
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