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Fly News Breaks for April 16, 2018
GRUB
Apr 16, 2018 | 16:05 EDT
Stephens analyst Will Slabaugh started GrubHub with an Overweight rating and $120 price target, calling it the "clear leader" in the domestic online ordering/delivery space with about triple the market share of its nearest competitor. That scale should help GrubHub continue its 20%-25% organic growth rate, contends Slabaugh.
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