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BofA/Merrill Lynch Downgrades Groupon (GRPN) to Neutral

April 2, 2012 6:40 AM EDT
Get Alerts GRPN Hot Sheet
Price: $21.51 -2.14%

Rating Summary:
    14 Buy, 16 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BofA/Merrill Lynch downgraded Groupon, Inc. (NASDAQ: GRPN) from Buy to Neutral with a price target of $20 (down from $30), following Friday's restatement.

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 $18.38 yesterday.


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