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Fly News Breaks for February 9, 2018
GRUB
Feb 9, 2018 | 09:06 EDT
Goldman analyst Heath Terry said GrubHub's (GRUB) Q4 delivered on revenue and EBITDA both above consensus and continues to see year-over-year improvement in contribution profit per order. Further, the agreement with Yum! Brands (YUM) adds thousands of locations to GrubHub's network, the analyst wrote. Terry believes GrubHub risk/reward remains favorable and raised his price target to $115 from $80 on this Buy rated stock.
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