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Fly News Breaks for April 24, 2017
GRUB
Apr 24, 2017 | 08:39 EDT
Roth Capital analyst Darren Aftahi looks for Q1 results in-line with guidance when GrubHub (GRUB) reports results. As the analyst looks to Q2, its year over year comparable gets tougher with solid Q2 performance from product and technology upgrades, along with beneficial weather. Nonetheless, Google's (GOOG; GOOGL) new mobile browser "eat and drink" feature should drive increased brand awareness to GrubHub, and with it, perhaps increased order flow. Aftahi reiterates a Buy rating and $45 price target on GrubHub's shares.
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