GrubHub Gets ‘Buy’ Rating For Its Leadership Position

By | April 17, 2015

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As the leader in a market ripe for disruption, GrubHub (GRUB) received a buy rating in new coverage initiated by Sterne Agee. GrubHub provides an online platform for restaurant delivery and pickup orders. Its platform lets diners order directly from some 30,000 takeout restaurants in more than 800 U.S. cities and London. Sterne Agee analyst Arvind Bhatia initiated coverage with a price target of 56. GrubHub stock was down 1.3% to 44.73, in early Scalper1 News

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