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Fly News Breaks for November 14, 2016
GRUB
Nov 14, 2016 | 08:33 EDT
As noted earlier, Stifel upgraded GrubHub to Buy from Hold. Analyst John Egbert says that the company's fundamentals are "strong," while its Q3 results were "respectable." He believes that the recent decline in the stock has made the shares' risk/reward ratio "compelling," while the company's competitive positioning is "stable." Target $46.
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