UBS has adjusted its target price for 1&1 from 21 euros to 20 euros, but still maintains a "buy" rating.
The adjustment was made due to concerns about increasing competition in the low-cost segment, as highlighted by analyst Polo Tang in his recent industry commentary.
Despite these short-term challenges, Tang remains optimistic about the prospects for United Internet and 1&1, citing their 18-year mobile partnership with Vodafone as a key factor supporting their long-term outlook.