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Fly News Breaks for October 28, 2015
GRUB
Oct 28, 2015 | 09:13 EDT
As reported previously, Susquehanna downgraded GrubHub to Neutral from Positive. The firm still sees a long term opportunity, but believes lingering issues around competition, decelerating growth, and margin pressures will continue to weigh on the stock. Susquehanna lowered its price target to $25 from $44 on GrubHub shares.
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