Cowen Downgrades GrubHub Inc. (GRUB) to Market Perform; Cites Influx of Competitors

Go back to Cowen Downgrades GrubHub Inc. (GRUB) to Market Perform; Cites Influx of Competitors

Brean Capital Reiterates Buy on GrubHub (GRUB) Following 2Q15

July 29, 2015 6:42 AM EDT

Brean Capital reiterated a Buy rating and $50.00 price target on GrubHub Inc. (NYSE: GRUB) following 2Q15 earnings results. GRUB reported revenue of $88.0MM vs. the consensus of $85.3MM. Management said that its revenue performance reflected strength across all markets. Guidance for 3Q15 revenue is $85MM-$87MM vs. the consensus of... More