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MORGAN STANLEY: GrubHub could get 'Amazoned'
 

MORGAN STANLEY: GrubHub could get 'Amazoned'

MORGAN STANLEY: GrubHub could get Thomson ReutersA week after Amazon announced its deal to buy Whole Foods, analysts are beginning to brainstorm about how the “Amazon Effect” will disrupt other parts of the food industry, especially delivery. In a report published Sunday night, Morgan Stanley downgraded GrubHub’s stock from overweight to equal weight, slashing the price target from $47 to $43. “GRUB competition is starting to bud,” write analysts at the bank. “Particularly Amazon, with 26% o... read more

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