DoorDash’s stock took a hit after earnings. Morgan Stanley says not to worry.

When delivery app DoorDash Inc. reported quarterly earnings last week, investors raced to the exits. But Morgan Stanley analysts on Thursday said to buy the dip, arguing that the company’s restaurant, grocery and non-grocery delivery business still had plenty of room to grow. Analysts there upgraded the stock to overweight, their most positive rating, from equal-weight, and raised their price target to $145 from $135. And they said the stock could get to $175 if their profit expectations p