Information Provided By:
Fly News Breaks for August 7, 2017
GRUB
Aug 7, 2017 | 08:26 EDT
As previously reported, Morgan Stanley upgraded GrubHub to Overweight from Equal Weight and raised its price target to $59 from $43. Analyst Brian Nowak said GrubHub is building a larger ecosystem with its 3 recently proposed acquisitions which will generate high incremental EBITDA, extend its size, and better enable the company to scale profitably and drive online delivery. Nowak is bullish on GrubHub's long-term earnings power and competitive position given its scale advantage and user base growth.
News For GRUB From the Last 2 Days
There are no results for your query GRUB