GrubHub Reports Third Quarter Results
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Cowen Cuts Price Target Following GrubHub (GRUB) 3Q Results and Guidance
October 28, 2015 10:51 AM EDTCowen maintained a Market Perform rating on GrubHub Inc. (NYSE: GRUB), and cut the price target to $22.00 (from $25.00), following the company's 3Q results and guidance. Management gave initial guidance of ~$500M in incremental FY16 gross food sales (~$400M in net food sales, ex-tax & tip),... More
GrubHub (GRUB) Blames Weather for 3Q Miss; Sterne Agee CRT Cuts Price Target to $32
October 28, 2015 9:00 AM EDTSterne Agee CRT maintained a Buy rating on GrubHub Inc. (NYSE: GRUB), and cut the price target to $32.00 (from $37.00), following the company's 3Q earnings results. GRUB reported 3Q revenue / adjusted EBITDA of $85.66M / $21.46M compared to consensus $86.7M / $24.9M. Management noted unseasonably mild weather... More
RBC Capital Downgrades GrubHub Inc. (GRUB) to Sector Perform
October 28, 2015 7:13 AM EDTRBC Capital downgraded GrubHub Inc. (NYSE: GRUB) from Outperform to Sector Perform with a price target of $27.00 (from $42.00).
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 $24.49 yesterday.
... MoreSusquehanna Downgrades GrubHub Inc. (GRUB) to Neutral
October 28, 2015 7:12 AM EDTSusquehanna downgraded GrubHub Inc. (NYSE: GRUB) from Positive to Neutral with a price target of $25.00 (from $44.00).
Analyst Shyam Patil commented, "While we like the business and long-term opportunity, we believe lingering issues around competition, decelerating growth, and margin pressure are likely to... More
Raymond James Downgrades GrubHub Inc. (GRUB) to Outperform
October 27, 2015 2:29 PM EDTRaymond James downgraded GrubHub Inc. (NYSE: GRUB) from Strong Buy to Outperform.
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 $32.09 yesterday.
... More