LONDON (dpa-AFX Broker) - The British investment bank Barclays has downgraded Hellofresh from "Overweight" to "Equal Weight" and cut its target price from 12.00 to 7.60 euros. A closer look at the US market on the basis of credit card data gives cause for concern about the cooking box business there, wrote analyst Emily Johnson in a study published on Tuesday. Given the debt and execution risk of a complex strategy change, she said she lacks confidence in the targets./tih/la

Publication of the original study: 18.03.2024 / 22:02 / GMT

First dissemination of the original study: 19.03.2024 / 04:00 / GMT

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------