Grubhub Shares Downgraded By Stifel, Valuation Cited

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Stifel believes that <strong>GrubHub Inc</strong> (NYSE: <a href="http://www.benzinga.com/stock/grub#NYSE">GRUB</a>) provides balanced risk/reward at its current price following a 39 percent surge in the stock after the company reported strong second quarter results. As a result, the firm downgraded the stock from Buy to a Hold. The price target remained at $45.

Latest Ratings for GRUB

Date Firm Action From To
Oct 2016 Stifel Nicolaus Downgrades Buy Hold
Aug 2016 Jefferies Initiates Coverage on Hold
Aug 2016 Loop Capital Initiates Coverage on Buy

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