Foodler

Citigroup downgraded shares of GrubHub Inc (NYSE: GRUB), as it believes the recent run up in shares is now reflecting the near-term outlook. The firm noted that GrubHub shares have gained 44 percent in the year-to-date period and has added 12 percent or $6 per share since it announced the...

Morgan Stanley is building an appetite for GrubHub Inc (NYSE: GRUB) shares after three proposed acquisitions of Eat24, Foodler and OrderUp. These purchases could extend the company’s scale and size edge to four times its nearest competitor, according to Morgan Stanley analyst Brian Nowak. The...