UBS maintains buy rating for Just Eat Takeaway after third quarter results

Just Eat Takeaway.com has received a "Buy" rating from UBS, with a price target of 1715 Pence, following the release of the company's third-quarter results.

Analyst Jo Barnet-Lamb acknowledged that the company's performance in Northern Europe and North America did not meet expectations, resulting in the food delivery service's overall growth falling at the lower end of the projected target range.

Despite these challenges, UBS remains optimistic about Just Eat Takeaway's long-term potential.

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