Wedbush Downgrades GrubHub Inc. (GRUB) to Neutral; Sees Peak Valuation
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Price: $6.72 --0%
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Wedbush downgraded GrubHub Inc. (NYSE: GRUB) from Outperform to Neutral with a price target of $70.00 (from $65.00).
Analyst Aaron Turner said while they continue to like the company's market opportunity and competitive positioning, we believe the current peak valuation of shares accurately reflects these positive dynamics.
For an analyst ratings summary and ratings history on GrubHub Inc. click here. For more ratings news on GrubHub Inc. click here.
Shares of GrubHub Inc. closed at $72.97 yesterday.
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