In a report published Friday, Brean Capital analyst Tom Forte maintained a Buy rating and price target of $11 on Groupon Inc (NASDAQ: GRPN). The analyst attributes the 42 percent decline in the share price since late February to a “buyer's strike.” ...
As much as 16 analysts have advised buy on Groupon, Inc. (NASDAQ:GRPN) with an average broker rating of 2.13. Experts at Zacks have given it a short term rating of 2, which means that the investors can Buy for the short term positions.
Shares of Groupon Inc (NASDAQ:GRPN), declined -0.62% to $4.81, during its last trading session. After acquiring OrderUp, Groupon recently declared plans to further expand into delivery and takeout with the launch of Groupon To Go in Chicago.
In a report published Monday, Macquarie analyst Tom White upgraded the rating on Groupon Inc (NASDAQ: GRPN) from Neutral to Outperform, while reducing the price target from $7.75 to $7, following the recent pullback in shares.