05:43 AM EDT, 09/24/2026 (MT Newswires) -- United Securities LLC began its coverage of Talabat Holding (DFM:TALABAT) with a buy rating and a price target of 1.42 Emirati dirhams, according to a Thursday note. The investment view was backed by the Dubai-listed online food delivery company's leading market position, broad regional footprint and merchant network. The research firm also took note of Talabat's investments that aim to boost its core food business and everyday app strategy. "Talabat's scale, broad merchant network and continued investments should strengthen engagement, while its strong cash position and debt-free balance sheet provide financial flexibility for future expansion and selective acquisitions," analysts wrote. "Talabat also merits premium valuation as the only listed food and on-demand delivery aggregator in the UAE. The stock rallied recently on the news of Uber Technologies taking over the parent company Delivery Hero. We view this positively and expect Talabat to benefit from being part of a global brand."

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