NEW YORK (dpa-AFX) - The US bank JPMorgan has left its rating for Delivery Hero at "Overweight" with a target price of 49 euros following the Taiwanese competition authority's ban on the sale of the Food Panda business. The announcement is a clear negative for the food delivery company, as most investors were convinced that the deal would go through, wrote analyst Marcus Diebel in a study published on Friday. Although he still sees room for other divestments in the region that could act as positive price drivers, the share price is likely to be weighed down considerably in the coming days./edh/ck

Publication of the original study: 26.12.2024 / 13:56 / GMT

First dissemination of the original study: 26.12.2024 / 13:56 / GMT

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