RBC Capital Starts Waitr Holdings (WTRH) at Outperform

RBC Capital analyst Mark Mahaney initiates coverage on Waitr Holdings (NASDAQ: WTRH) with an Outperform rating and a price target of $10.00.

The analyst commented, "Waitr is addressing a large and attractive market opportunity in Small & Mid-Sized markets with a compelling value proposition catered to Restaurants, Customers, and Drivers. We believe Waitr can sustain premium growth and drive margin expansion as they benefit from the secular transition to Online food delivery and further differentiate their business."

For an analyst ratings summary and ratings history on Waitr Holdings click here. For more ratings news on Waitr Holdings click here.

Shares of Waitr Holdings closed at $5.52 yesterday.

You May Also Be Interested In

• UBS Starts CXMT Corporation (688825:CH) at Buy
• JPMorgan Starts Shanghai V-Test Semiconductor (688372:CH) at Overweight
• Wedbush Upgrades Airbnb Inc. (ABNB) to Outperform 'on Broad Strength & New Initiative Positives'