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Fly News Breaks for October 28, 2015
GRUB
Oct 28, 2015 | 07:27 EDT
Brean Capital lowered its price target on GrubHub to $29 from $50 following disappointing Q3 results and guidance. The firm sees efforts to solve its delivery problems as key to the stock and still sees opportunity and upside potential with the pullback. Brean Capital therefore maintains its Buy rating on GrubHub shares.
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