NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has lowered its price target for Delivery Hero from 43 to 39 euros, but left its rating at "Overweight". The shares of the food delivery service continue to significantly underperform the European internet sector, wrote analyst Marcus Diebel in a study published on Wednesday. This is probably due to the fact that investors' hopes for balance sheet improvements have not yet been fulfilled. An interim report on February 14 will probably be important for the share. He took currency effects into account in his valuation model and somewhat lower long-term margin expectations./tih/la

Publication of the original study: 31.01.2024 / 14:24 / GMT

First distribution of the original study: 31.01.2024 / 14:24 / GMT

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