[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Wall St Engine [@wallstengine](/creator/twitter/wallstengine) on x 72.5K followers Created: 2025-06-23 10:06:09 UTC Raymond James Upgrades $DASH to Strong Buy from Outperform, Raises PT to $XXX from $215; 'Underpromise, Over-Deliveroo' Analyst comments: "We upgrade DoorDash to Strong Buy following a bottom-up merger analysis and believe the synergy potential with Deliveroo (ROO) is underappreciated. RJ forecasts mid-teens EBITDA accretion in 2026 and high-teens in 2027, which lowers the 2027E EV/EBITDA multiple by X turns and equates to an EV/E/G multiple < 1x. We see an attractive $XXX target price scenario ($350 bull) provided: 1) untapped ROO synergies, 2) a seemingly growing emphasis on advertising (recent M&A and $1B run-rate disclosure, still well below peers on a %GOV basis), 3) consistent management execution, and 4) eventual autonomous tailwinds. Our 200+ line merger model is available upon request." Analyst: Josh Beck XXXXXX engagements  **Related Topics** [$rool](/topic/$rool) [corporate finance](/topic/corporate-finance) [$dash](/topic/$dash) [raymond james](/topic/raymond-james) [doordash](/topic/doordash) [stocks communication services](/topic/stocks-communication-services) [Post Link](https://x.com/wallstengine/status/1937089790060769708)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Wall St Engine @wallstengine on x 72.5K followers
Created: 2025-06-23 10:06:09 UTC
Raymond James Upgrades $DASH to Strong Buy from Outperform, Raises PT to $XXX from $215; 'Underpromise, Over-Deliveroo'
Analyst comments: "We upgrade DoorDash to Strong Buy following a bottom-up merger analysis and believe the synergy potential with Deliveroo (ROO) is underappreciated. RJ forecasts mid-teens EBITDA accretion in 2026 and high-teens in 2027, which lowers the 2027E EV/EBITDA multiple by X turns and equates to an EV/E/G multiple < 1x.
We see an attractive $XXX target price scenario ($350 bull) provided: 1) untapped ROO synergies, 2) a seemingly growing emphasis on advertising (recent M&A and $1B run-rate disclosure, still well below peers on a %GOV basis), 3) consistent management execution, and 4) eventual autonomous tailwinds.
Our 200+ line merger model is available upon request."
Analyst: Josh Beck
XXXXXX engagements
Related Topics $rool corporate finance $dash raymond james doordash stocks communication services