Delivery Hero (DLVHF, Financial) has received an upgraded rating from Citi, moving from a previous 'Sell' to 'Neutral'. This change is accompanied by a revised price target set at EUR 23.50, a slight decrease from the prior target of EUR 26.
The upgrade follows the firm's recent reassessment of forecasts within the European food delivery sector. These projections have been adjusted to better align with observed trends from the first quarter's app and web data.