NEW YORK (dpa-AFX Broker) - US bank JPMorgan raised the target price for Delivery Hero from 45 to 48 euros after a conversation with CEO Niklas Östberg and left the rating at "Overweight". The messages were encouraging in every respect, wrote analyst Marcus Diebel in a study available on Tuesday. They support his assessment that the securities have considerable upside potential. Among other things, he positively evaluated the statements on business in Korea, the use of the proceeds from the IPO of the subsidiary Talabat, the development of the gross merchandise volume, the competition with the Chinese company Meituan and possible takeover activities./tih/nas

Publication of the original research: 14/01/2025 / 00:00 / GMT First dissemination of the original research: 14/01/2025 / 00:15 / GMT

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