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Fly News Breaks for May 4, 2016
GRUB
May 4, 2016 | 06:29 EDT
Morgan Stanley analyst Dean Prissman downgraded GrubHub to Equal Weight and lowered its price target to $30 from $37. The analyst has a reduced conviction that in-house Delivery will reignite growth in the near to medium term due to a slower than expected ramp in the service.
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