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Fly News Breaks for October 28, 2015
GRUB
Oct 28, 2015 | 07:42 EDT
Citi analyst Mark May believes the valuation of GrubHub is at or near a floor following yesterday's 24% post-earnings selloff. He views the company's investment in delivery as strategically important and keeps a Buy rating on the name despite cutting his price target to $29 from $44.
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