GrubHub Can Clean Up In Online Food Business: Analyst

By | January 15, 2015

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GrubHub (GRUB) is well-positioned to capitalize on the growing online food business, according to a Cowen & Co. analyst. The leading online platform for restaurant delivery and pickup orders in the U.S. appears ready to get big share of a growing multibillion dollar business, said Cowen & Co. analyst Kevin Kopelman Thursday. Kopelman initiated coverage of the company with an outperform rating and a price target of 50 a share. GrubHub stock slid Scalper1 News

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