Evercore Partners Cuts PT on Groupon (GRPN) to $4.30
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
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Goldman Thinks Groupon (GRPN) is Compelling Despite Near-Term Pain
February 28, 2013 1:03 PM ESTShares of Groupon (NASDAQ: GRPN) declined sharply on Wednesday evening after the company reported disappointing Q4 results and offered guidance that was below expectations. Part of the reason for shortfall relates to higher cost of revenue from Groupon Goods. Despite this, analysts at Goldman Sachs... More
Wells Fargo Downgrades Groupon, Inc. (GRPN) to Market Perform
February 28, 2013 7:21 AM ESTWells Fargo downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform and lowers its valuation range to $5.00 to $6.00 from $6.00 to $7.00.
The firm comments, "Groupon reported Q4 results that fell slightly below expectations. More
concerning to us however, is the companys recent change in strategy. We liked
the original Groupon business model of providing a... More
Raymond James Downgrades Groupon (GRPN) to Underperform
February 28, 2013 7:07 AM ESTRaymond James downgraded Groupon, Inc. (NASDAQ: GRPN) from Market Perform to Underperform.
For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more ratings news on Groupon, Inc. click here.
Shares of Groupon, Inc. closed at $5.98 yesterday, with a 52 week range of $2.60-$20.50.... More
BofA/Merrill Lynch Downgrades Groupon, Inc. (GRPN) to Underperform
February 28, 2013 7:01 AM ESTBofA/Merrill Lynch downgraded Groupon, Inc. (NASDAQ: GRPN) from Neutral to Underperform.
For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more ratings news on Groupon, Inc. click here.
Shares of Groupon, Inc. closed at $5.98 yesterday, with a 52 week range of $2.60-$20.50.... More
UPDATE: Groupon (GRPN) Posts Q4 GAAP Loss of 12c/Share; Guides Q1 Revs Below Views
February 27, 2013 4:06 PM EST(Updated - February 27, 2013 4:59 PM EST)
Groupon (Nasdaq: GRPN) reported Q4 adjusted loss $0.05 per share, versus the analyst estimate of $0.03. Revenue for the quarter came in at $638.3 million versus the consensus estimate of $638.41 million.
*** Fourth quarter GAAP loss per share of $0.12, including $0.07 loss per share from a... More