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Morgan Stanley Has A Craving For GrubHub Shares, Upgrades To Overweight
Monday, August 7, 2017 - 11:01am | 403Read More...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...
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Oppenheimer Upgrades GrubHub, Sees Biggest Threat Towards Food Ordering As An Opportunity
Wednesday, April 12, 2017 - 12:12pm | 378Read More...Jason Helfstein of Oppenheimer upgraded GrubHub Inc (NYSE: GRUB) from Perform to Outperform with a newly established $42 price target. According to a survey conducted by Helfstein, consumers have made it clear they prefer to order food directly from a restaurant so they can pose questions on the...
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Barron's Picks And Pans: Apple's Growth, 'Beauty And The Beast,' Water Stocks And More
Sunday, March 19, 2017 - 10:47am | 635Read More...This weekend's Barron's offers five ways to play the rising global demand for fresh water. Other featured articles tale a look at the prospects for meal-ordering service facing headwinds and a newly independent restaurant-equipment supplier. The outlooks for an entertainment...
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A Primer On Alexa Skill
Friday, March 17, 2017 - 11:51am | 570Read More...Amazon.com, Inc. (NASDAQ: AMZN) announced promotional credits for Alexa developers to build and host most Alexa skills using Amazon Web Services (AWS) promotional credits for Alexa developers to build and host most Alexa skills using Amazon Web Services (AWS). Alexa, the voice service that powers...
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Grubhub Is Credit Suisse's Favorite 'Trump Trade'
Wednesday, January 11, 2017 - 12:58pm | 281Read More...Paul Bieber of Credit Suisse named GrubHub Inc (NYSE: GRUB), the leading online food delivery company, as his "favorite Trump trade" — that is, a top investment idea likely to benefit from President-elect Donald Trump's presidency. Bieber also initiated coverage of Grubhub with an Outperform...
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GrubHub CEO Defends Email To Employees Asking Them To Resign For Supporting Trump's Hateful Rhetoric
Friday, November 11, 2016 - 10:49am | 328Read More...At first glance, GrubHub Inc (NYSE: GRUB) CEO Matt Maloney couldn't have made it clearer in an email to all of his employees: if you supported Donald Trump in the presidential race, you need to resign immediately. "I absolutely reject the nationalist, anti-immigrant and hateful...
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For Grubhub, The UK Could Be A More Attractive Market Than The US
Tuesday, August 16, 2016 - 1:50pm | 271Read More...David Reynolds, an analyst at Jefferies, initiated coverage of GrubHub Inc (NYSE: GRUB) Tuesday with a Hold rating and $43 price target. Part of the reason for the Hold rating is the company's "complex" business with "little transparency." According to Reynolds, GrubHub...
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Vetr Top Raters Upgrade Grubhub
Monday, July 11, 2016 - 12:27pm | 152Read More...Sentiment seems to have turned on GrubHub Inc (NYSE: GRUB). The stock, which hit an all-time low back in February, has recently traded at its highest levels since last October. And Monday the Vetr crowd upgraded their rating of the food delivery company to a 4-star buy, up from their previous 3-...
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GrubHub Shares Surge 13% On Q4 Report
Thursday, February 4, 2016 - 11:10am | 269Read More...Shares of GrubHub Inc (NYSE: GRUB) surged higher by more than 13 percent Thursday morning after the company reported its fourth quarter results. GrubHub earned $0.19 per share in the fourth quarter on revenue of $100 million. Wall Street analysts were expecting the company to earn $0.14 per...
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GrubHub Details Plan To 'Enhance Shareholder Value,' Shares Spike Higher
Monday, January 25, 2016 - 10:28am | 269Read More...Shares of GrubHub Inc (NYSE: GRUB) were trading higher by 10 percent at $21.20 early Monday morning after the company released a plan to "enhance shareholder value." GrubHub detailed several "value-enhancing initiatives" including a $100 million stock repurchase...
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Just Eat Vs. GrubHub
Wednesday, May 13, 2015 - 9:23am | 799Read More...In a report published Wednesday, Citigroup analyst Christopher J McVey pitted JUST EAT PLC (OTC: JSTLF) against GrubHub Inc (NYSE: GRUB) in a head-to-head battle of two giants in the Online Food Ordering (OFO) sector. According to McVey, the OFO sector is one of the "most dynamic" in...
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Massive GrubHub Sell-Off; Here's Why It's Just a 'Hold'
Thursday, April 9, 2015 - 3:09pm | 173Read More...Wunderlich Securities initiated coverage on GrubHub Inc (NYSE: GRUB) at a Hold with a $44 price target. The analysts said that GrubHub may struggle to scale beyond its Tier-1 cities, while those cities will face increasing competition from more food delivery options, including other prepared food...
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Barrington Research On GrubHub: 'Strong Results And Savvy Delivery Acquisitions'
Friday, February 6, 2015 - 11:41am | 188Read More...Jeff Houston of Barrington Research on Thursday commented in a note that GrubHub Inc (NYSE: GRUB) reported a strong quarterly result driven by active-diner additions, daily average Grubs, and gross food sales while mobile orders continue to represent more than 50 percent of all orders. Houston...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139Read More...U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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5 Companies That Own (Or Will Own) The Food Delivery Space
Tuesday, July 15, 2014 - 2:38pm | 1023Read More...Food delivery is no longer limited to pizza and Chinese takeout. New startups are making it possible to order in from a greater variety of restaurants than ever before. It started with GrubHub (NYSE: GRUB), which helped consumers find and order food from restaurants that deliver. Now a plethora...
