Just Eat Takeaway.com - Whiplash

Davy Research
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The Just Eat Takeaway.com (TKWY) team can execute, we know that. If it can advance broader financial and strategic communication and continue with what it does best – ‘execution’ in the UK, Germany and the United States, to name three critical geographies – the equity may once again perform. M&A prospects afford investors some downside protection. We initiate with an ‘Outperform’ rating and a price target of €61.