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Stock Market & Financial Investment News

News Breaks
April 29, 2014
06:09 EDTGRUBGrubHub initiated with a Buy at Citigroup
Target $40.
News For GRUB From The Last 14 Days
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August 28, 2015
08:13 EDTGRUBEtsy,GrubHub should be bought now by risk-tolerant investors, says Brean Capital
Brean Capital still considers Etsy (ETSY) a high quality growth stock, citing its long term growth potential from its efforts to exploit its platform through its Seller Services effort. Brean also considers GrubHub (GRUB) a high quality growth stock, as it argues that that the online restaurant delivery market will play out like the online travel market, with room for multiple winners. Brean Capital reiterated its $23 price target on Etsy shares and its $50 target on GrubHub shares, stating that now is the time for investors who can tolerate more risk to purchase shares of each. The firm keeps Buy ratings on both stocks.
August 26, 2015
10:00 EDTGRUBOn The Fly: Analyst Downgrade Summary
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07:44 EDTGRUBGrubHub downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded GrubHub to Equal Weight and lowered its price target to $32 from $42. The firm believes new start-ups, aided by venture capital funding, is making growth in non-core markets difficult, combined with slowing core growth from increasing saturation.

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