More diners, restaurants help Grubhub beat revenue estimates
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February 7, 2020 7:45 AM EST
(Updated - February 7, 2020 9:15 AM EST)
(updated to add analyst comments)
MKM Partners analyst Rohit Kulkarni upgraded Uber Inc. (NYSE: UBER) from Neutral to Buy with a price target of $45 (from $34).
The analyst commented, "Uber reported a somewhat mixed quarterly result with Bookings, Take Rate, Revenue, and Adj. EBITDA coming in above... More
February 7, 2020 7:20 AM EST
Goldman Sachs analyst Heath Terry raised the price target on Uber Inc. (NYSE: UBER) to $49.00 (from $44.00) while maintaining a Buy rating.
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February 7, 2020 7:19 AM EST
Wedbush analyst Ygal Arounian raised the price target on Uber Inc. (NYSE: UBER) to $52.00 (from $50.00) while maintaining a Outperform rating.
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February 7, 2020 7:15 AM EST
Needham & Company analyst Brad Erickson raised the price target on Uber Inc. (NYSE: UBER) to $56.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "UBER's report highlighted continued strong execution and while the top-line guidance was a little light of expectations, meaningfully better... More
February 5, 2020 4:22 PM EST
Grubhub (NYSE: GRUB) reported Q4 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $341.3 million versus the consensus estimate of $325.28 million.
GUIDANCE:
Grubhub sees Q1 2020 revenue of $350-370 million, versus the consensus of $363.5... More
