Tesla, DoorDash, Stitch Fix: Stocks in focus

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Morning Brief co-hosts Seana Smith and Brad Smith analyze the top trending tickers on Yahoo Finance.

Tesla (TSLA) has received a price target boost from Piper Sandler, with the firm raising its target to $310 from $300. The increase reflects the firm's bullish outlook on Tesla's upcoming third-quarter vehicle delivery numbers and full-year vehicle delivery projections.

DoorDash (DASH) is gaining attention as Keybanc upgrades it to Overweight from Sector Weight, while Raymond James initiates coverage with an Outperform rating. Both firms cite ongoing gains in food and grocery delivery as potential drivers for upside.

Meanwhile, Stitch Fix (SFIX) shares are plummeting following the company's latest quarterly results, which revealed a wider-than-expected fourth-quarter loss. The personalized styling service reported a 20% year-over-year decline in active clients and a 16% drop in net revenue compared to the same period last year.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith

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