UPDATE: Morgan Stanley Downgrades GrubHub Inc. (GRUB) to Equalweight
Tweet
Share
E-mail
Get Alerts GRUB Hot Sheet
Price: $6.72 --0%
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
Rating Summary:
7 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
Join SI Premium – FREE
(Updated - April 18, 2018 6:56 AM EDT)
(updated to add analyst comment)
Morgan Stanley downgraded GrubHub Inc. (NYSE: GRUB) from Overweight to Equalweight with a price target of $100.00.
Analyst Brian Nowak comments "GRUB has been the best performer in our group since Jan 1 '17, appreciating 175%. We are still bullish on GRUB's business given its competitive positioning and large TAM but now see the stock as fairly valued."
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 $103.72 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Morgan Stanley Downgrades BioMerieux (BIM:FP) (BMXMF) to Underweight
- Morgan Stanley Upgrades QIAGEN NV (QIA:GR) (QGEN) to Overweight
- Deutsche Bank Starts Tandem Diabetes Care (TNDM) at Hold
Create E-mail Alert Related Categories
Analyst Comments, DowngradesRelated Entities
Morgan StanleySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
