Delivery Hero's price target has been raised by UBS from 47 euros to 56 euros, with a "Buy" rating for the company.

Analyst Jo Barnet-Lamb believes that the potential IPO of Talabat will highlight the true value of Delivery Hero, leading to significant value creation and potential distributions to shareholders.

UBS continues to have strong confidence in Delivery Hero's growth prospects and considers it a favored stock within the European internet sector. The updated target and ongoing interest in the market position Delivery Hero as a key player to watch in the coming year.