http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2025, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 11 Jun 2025 10:54:45 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html <p>Investing.com -- Stifel initiated coverage on Uber (NYSE:UBER) with a Buy rating and a $110 price target saying that company is evolving into a super app that combines ride-hailing, food delivery, grocery delivery, and advertising under one platform.</p><p>Stifel also started coverage at DoorDash (NASDAQ:DASH) and expressed caution over valuation despite strong execution.</p><p>Stifel believes Uber is well-positioned to meet or exceed its 2024-2026 financial targets, which include mid-to-high teens gross bookings growth and 90%-plus EBITDA-to-free cash flow conversion.</p><p>Uber has executed well since setting its targets, analysts wrote, pointing to 2024’s 21% gross bookings growth and 106% FCF conversion.<br /><br />The firm http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html Wed, 11 Jun 2025 10:54:45 -0400 CART DASH DROOF UBER http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html <p>Investing.com -- Stifel initiated coverage on Uber (NYSE:UBER) with a Buy rating and a $110 price target saying that company is evolving into a super app that combines ride-hailing, food delivery, grocery delivery, and advertising under one platform.</p><p>Stifel also started coverage at DoorDash (NASDAQ:DASH) and expressed caution over valuation despite strong execution.</p><p>Stifel believes Uber is well-positioned to meet or exceed its 2024-2026 financial targets, which include mid-to-high teens gross bookings growth and 90%-plus EBITDA-to-free cash flow conversion.</p><p>Uber has executed well since setting its targets, analysts wrote, pointing to 2024’s 21% gross bookings growth and 106% FCF conversion.<br /><br />The firm http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html Wed, 11 Jun 2025 10:54:45 -0400 CART DASH DROOF UBER http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html <p>Investing.com -- Stifel initiated coverage on Uber (NYSE:UBER) with a Buy rating and a $110 price target saying that company is evolving into a super app that combines ride-hailing, food delivery, grocery delivery, and advertising under one platform.</p><p>Stifel also started coverage at DoorDash (NASDAQ:DASH) and expressed caution over valuation despite strong execution.</p><p>Stifel believes Uber is well-positioned to meet or exceed its 2024-2026 financial targets, which include mid-to-high teens gross bookings growth and 90%-plus EBITDA-to-free cash flow conversion.</p><p>Uber has executed well since setting its targets, analysts wrote, pointing to 2024’s 21% gross bookings growth and 106% FCF conversion.<br /><br />The firm http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html Wed, 11 Jun 2025 10:54:45 -0400 CART DASH DROOF UBER http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html <p>Investing.com -- Stifel initiated coverage on Uber (NYSE:UBER) with a Buy rating and a $110 price target saying that company is evolving into a super app that combines ride-hailing, food delivery, grocery delivery, and advertising under one platform.</p><p>Stifel also started coverage at DoorDash (NASDAQ:DASH) and expressed caution over valuation despite strong execution.</p><p>Stifel believes Uber is well-positioned to meet or exceed its 2024-2026 financial targets, which include mid-to-high teens gross bookings growth and 90%-plus EBITDA-to-free cash flow conversion.</p><p>Uber has executed well since setting its targets, analysts wrote, pointing to 2024’s 21% gross bookings growth and 106% FCF conversion.<br /><br />The firm http://www.streetinsider.com/Investing/Stifel+sees+%27super+app%27+potential+for+Uber%2C+cautious+on+DoorDash+valuation/24924505.html Wed, 11 Jun 2025 10:54:45 -0400 CART DASH DROOF UBER http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Downgrades/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Downgrades/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Downgrades/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Downgrades/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html <p>UBS analyst Jo Barnet-Lamb downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Neutral with a price target of GBP1.80.</p><p>The analyst comments: "DASH confirmed financial terms are 'final and will not be increased'; reserving right to increase acquisition terms if a competing offer arises. ROO's board is recommending the offer & DASH has received irrevocable undertakings of 15.3% (6.46% ROO directors/ ~8.97% shareholders). The proposal is a scheme of arrangement subject to approval from at least 75% of Scheme shareholders. AMZN is ROO's top shareholder (14.4% stake, Reuters); not listed as one who has given irrevocable undertakings and we http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Neutral/24775368.html Mon, 12 May 2025 03:49:05 -0400 DROOF http://www.streetinsider.com/Analyst+PT+Change/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Analyst+PT+Change/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Downgrades/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Downgrades/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Intl+Ratings/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Intl+Ratings/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Analyst+Comments/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Analyst+PT+Change/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Analyst+PT+Change/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Downgrades/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Downgrades/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Intl+Ratings/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Intl+Ratings/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html <p>HSBC analyst Christopher Johnen downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.70).</p><p>The analyst comments: "DASH has agreed to acquire all of ROO’s share for 180p/share in an all cash deal, implying an EV of GBP2.9bn on a fully diluted basis. This represents a deal premium of c44% over ROO’s closing price of 125p on 25 April, prior to DASH’s open offer letter. Based on the mid-point of the 2025e adj. EBITDA guidance, the offer implies an EV/adj. EBITDA multiple of 13.4x. This compares to PRX’s EUR4.1bn bid for TKWY, http://www.streetinsider.com/Analyst+Comments/HSBC+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760344.html Thu, 08 May 2025 02:31:36 -0400 DROOF http://www.streetinsider.com/Intl+Ratings/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html <p>Jefferies analyst Giles Thorne downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP2.25).</p><p>The analyst comments: "Given the price action and high probability of a successful takeover of Deliveroo by DoorDash following the latter's announcement of a recommended final offer of 180p per share on Tuesday, we move our price target to the offer price and downgrade to Hold."</p> http://www.streetinsider.com/Intl+Ratings/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html Wed, 07 May 2025 23:26:38 -0400 DROOF http://www.streetinsider.com/Downgrades/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html <p>Jefferies analyst Giles Thorne downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP2.25).</p><p>The analyst comments: "Given the price action and high probability of a successful takeover of Deliveroo by DoorDash following the latter's announcement of a recommended final offer of 180p per share on Tuesday, we move our price target to the offer price and downgrade to Hold."</p> http://www.streetinsider.com/Downgrades/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html Wed, 07 May 2025 23:26:38 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html <p>Jefferies analyst Giles Thorne downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP2.25).</p><p>The analyst comments: "Given the price action and high probability of a successful takeover of Deliveroo by DoorDash following the latter's announcement of a recommended final offer of 180p per share on Tuesday, we move our price target to the offer price and downgrade to Hold."</p> http://www.streetinsider.com/Analyst+Comments/Jefferies+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24760108.html Wed, 07 May 2025 23:26:38 -0400 DROOF http://www.streetinsider.com/Analyst+PT+Change/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html <p>Deutsche Bank analyst Silvia Cuneo downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.75).</p><p>The analyst comments: "We are downgrading our recommendation on Deliveroo to Hold from Buy and raising our TP from 175p to 180p, in line with the agreed acquisition terms by DoorDash. This action reflects the limited upside remaining following the recommended cash offer of 180p per share, representing a 23% premium to the closing price on 25 April 2025, the last business day before the first press release that announced Deliveroo was in discussions with Doordash regarding http://www.streetinsider.com/Analyst+PT+Change/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html Wed, 07 May 2025 02:42:04 -0400 DROOF http://www.streetinsider.com/Downgrades/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html <p>Deutsche Bank analyst Silvia Cuneo downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.75).</p><p>The analyst comments: "We are downgrading our recommendation on Deliveroo to Hold from Buy and raising our TP from 175p to 180p, in line with the agreed acquisition terms by DoorDash. This action reflects the limited upside remaining following the recommended cash offer of 180p per share, representing a 23% premium to the closing price on 25 April 2025, the last business day before the first press release that announced Deliveroo was in discussions with Doordash regarding http://www.streetinsider.com/Downgrades/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html Wed, 07 May 2025 02:42:04 -0400 DROOF http://www.streetinsider.com/Intl+Ratings/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html <p>Deutsche Bank analyst Silvia Cuneo downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.75).</p><p>The analyst comments: "We are downgrading our recommendation on Deliveroo to Hold from Buy and raising our TP from 175p to 180p, in line with the agreed acquisition terms by DoorDash. This action reflects the limited upside remaining following the recommended cash offer of 180p per share, representing a 23% premium to the closing price on 25 April 2025, the last business day before the first press release that announced Deliveroo was in discussions with Doordash regarding http://www.streetinsider.com/Intl+Ratings/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html Wed, 07 May 2025 02:42:04 -0400 DROOF http://www.streetinsider.com/Analyst+Comments/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html <p>Deutsche Bank analyst Silvia Cuneo downgraded Deliveroo Holdings PLC (ROO:LN) (OTC: DROOF) from Buy to Hold with a price target of GBP1.80 (from GBP1.75).</p><p>The analyst comments: "We are downgrading our recommendation on Deliveroo to Hold from Buy and raising our TP from 175p to 180p, in line with the agreed acquisition terms by DoorDash. This action reflects the limited upside remaining following the recommended cash offer of 180p per share, representing a 23% premium to the closing price on 25 April 2025, the last business day before the first press release that announced Deliveroo was in discussions with Doordash regarding http://www.streetinsider.com/Analyst+Comments/Deutsche+Bank+Downgrades+Deliveroo+Holdings+PLC+%28ROO%3ALN%29+%28DROOF%29+to+Hold/24752288.html Wed, 07 May 2025 02:42:04 -0400 DROOF