Needham Cuts DoorDash Target to $235, Keeps Buy on Rivian and Twilio
Needham kept Buy ratings on Rivian, DoorDash and Twilio and cut its DoorDash price target to $235 from $265. Source: Dow Jones Newswires.
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what happened
Dow Jones Newswires, citing Benzinga data, reported that Needham kept its Buy rating on Rivian Automotive, DoorDash and Twilio shares.
For DoorDash, the analyst lowered its price target to $235 from $265. For Rivian and Twilio, the material only confirms the rating, with no change to the target.
why it matters
Rating updates of this kind usually have little effect on the broader market. For DoorDash shareholders, the lower target reflects a more cautious view from one firm rather than a signal for the whole sector.
tags
instruments
sources
- Rivian Automotive Is Maintained at Buy by Needham — Dow Jones Newswires, 30 October 2026 at 10:20 UTC
- DoorDash Is Maintained at Buy by Needham — Dow Jones Newswires, 30 October 2026 at 10:31 UTC
- Twilio Is Maintained at Buy by Needham — Dow Jones Newswires, 30 October 2026 at 11:39 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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