Citi upgraded Delivery Hero (DLVHF) to Neutral from Sell with a price target of EUR 23.50, down from EUR 26. The firm upgraded the shares after updating European food delivery forecasts to reflect Q1 app and web trends.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLVHF:
- Delivery Hero price target lowered to EUR 35 from EUR 38 at Morgan Stanley
- Delivery Hero price target lowered to EUR 38 from EUR 47 at JPMorgan
- Delivery Hero price target lowered to EUR 47 from EUR 50 at JPMorgan
- Delivery Hero resumed with a Buy at Goldman Sachs
- Buy Rating for Delivery Hero SE: Positive Financial Outlook Boosted by $250 Million Termination Fee from Uber