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Fly News Breaks for April 20, 2017
GRUB
Apr 20, 2017 | 09:19 EDT
Maxim analyst Tom Forte said his analysis of weather in GrubHub's two largest markets of Chicago and New York suggests it was a headwind in the first two months of Q1 but beneficial to sales in March, which "may have saved the quarter." The analyst, who thinks sales and adjusted EPS will be slightly lower than consensus despite the March help, keeps a Hold rating on GrubHub shares.
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