GrubHub Inc. (GRUB) PT Raised to $66 at Oppenheimer
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Price: $6.72 --0%
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 53
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 53
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Oppenheimer raised its price target on GrubHub Inc. (NYSE: GRUB) to $66.00 (from $60.00) while maintaining a Outperform rating.
Analyst Jason Helfstein said the biggest positive swing factors for 2018: a) faster than expected Eat24 migration/integration, b) Yelp Transaction Network acceleration on improved selection, and c) additional industry consolidation.
Meanwhile, the biggest negative swing factor for 2018: competition, although KPIs show no signs in current period.
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