Vetr Top Raters Upgrade Grubhub
Sentiment seems to have turned on GrubHub Inc (NYSE: GRUB).
The stock, which hit an all-time low back in February, has recently traded at its highest levels since last October. And Monday the Vetr crowd upgraded their rating of the food delivery company to a 4-star buy, up from their previous 3-star rating 10 days ago.
The Vetr crowd also has a more bullish price target than Wall Street analysts, with $33.14 against analyst projections of $30.31. Currently less than 2% of Vetr users are holding GrubHub in their watchlists, and 55% of the crowd's ratings are bearish.
Grubhub was trading at $30.87 at time of writing.
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