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Fly News Breaks for March 3, 2015
GRUB
Mar 3, 2015 | 07:23 EDT
Brean Capital raised its price target on GrubHub to $50 from $45 following its guidance update. The firm cited the company's acquisition of Restaurants on the Run and its discounted free cash flow analysis that will allow the company to achieve high margin EBITDA. Brean Capital reiterated its Buy rating on GrubHub shares.
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