NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has removed Hellofresh from its "Negative Catalyst Watch" status, which suggests negative price drivers. Analyst Marcus Diebel left the rating at "Neutral" with a price target of 7 euros in a study published on Tuesday. The North American cooking box business, which has been the decisive negative factor for the share in recent quarters, is showing signs of stabilization. Despite the overall improvement in sales trends and the attractive valuation, he is still waiting for signs of a lasting recovery./gl/tih

Publication of the original study: 01.07.2024 / 20:25 / BST First dissemination of the original study: 02.07.2024 / 00:15 / BST

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