The investment bank initiated shares of the ride-hailing platform with a buy rating.
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A number of catalysts could ultimately lead to more gains for this ride-sharing name, according to TD Cowen.
Uber Technologies shares have been on fire, and Guggenheim Securities thinks there are more gains to be had.
Shares of DoorDash could rally 23% from current levels, according to Jefferies.
Analyst Stephen Gengaro, who has a buy rating on the electric vehicle maker, raised his price target on the stock.
New details about Nvidia's partnership with Uber strengthen the bullish case for the ride-sharing stock, the analysts said.
Shares have gained roughly 30% so far in 2025.
