Coupons.com (COUP) Price Target Lowered to $11 at Vertical Group

Vertical Group reiterated a Sell rating on Coupons.com (NYSE: COUP) and lowered its price target of $11.00 (from $17.50). Analyst Kim Opiatowski expressed concern about upcoming lockup expiration.

"We initiated coverage of Coupons.com on 7/24, adding it to our event driven portfolio with a sell rating and $17.50 price target. Given that COUP has already hit our price target; we thought it best to take a moment to update our price target to reflect the potential negative impact of the IPO lock up expiration. Based on our analysis of potential dilution, we are lowering our price target from $17.50 to $11.00," said Opiatowski.

For an analyst ratings summary and ratings history on Coupons.com click here. For more ratings news on Coupons.com click here.

Shares of Coupons.com closed at $13.23 yesterday.

You May Also Be Interested In

• Equifax (EFX) PT Lowered to $260 at Baird
• D.R. Horton (DHI) PT Lowered to $141 at RBC Capital
• Elevance (ELV) PT Raised to $575 at RBC Capital