Why GrubHub Stock Is Still Tasty Despite High Price

By | April 13, 2015

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GrubHub (GRUB) stock is pricey, but it remains attractive with first-quarter earnings estimates upward revisions likely, an analyst report said Monday. “While the valuation is premium, we believe the opportunity remains large and GrubHub is competing from a leading position,” wrote Michael Graham, an analyst at Canaccord Genuity. “We find our estimates for GrubHub in Q1 reasonable, and believe there exists good potential for upside.” GrubHub Scalper1 News

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