Delivery Hero's price target has been revised by UBS AG, with a reduction from 50 euros to 47 euros. Despite this, UBS maintains a "Buy" rating.
The company has seen strong growth in gross transaction volume (GTV) in the last quarter, solidifying its position as a top choice in the industry. However, UBS has expressed concerns about profitability due to planned investments in South Korea, which are expected to impact the food delivery service in the coming year. These adjustments reflect a more cautious outlook as the company continues its expansion efforts.