BofA/Merrill Lynch downgraded Groupon, Inc. (NASDAQ: GRPN) from Buy to Underperform with a price target of $2.75 (from $5.50).

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 $4.03 yesterday.

Analyst PT Change Downgrades Hot Downgrades

Wells Fargo Downgrades Groupon, Inc. (GRPN) to Market PerformNovember 4, 2015 9:58 AM RBC Becoming 'More Cautious' on Groupon (GRPN)November 4, 2015 8:41 AM Groupon (GRPN) Losing Money for the Forseeable Future - CowenNovember 4, 2015 8:18 AM Groupon (GRPN) PT, Estimates Sliced at Evercore ISI on Weak GuidanceNovember 4, 2015 7:51 AM Piper Jaffray Downgrades Groupon, Inc. (GRPN) to NeutralNovember 4, 2015 6:51 AM Groupon (GRPN) Tops Q3 EPS by 3c, Q4 Guidance Misses; Groupon Board Names Rich Williams CEONovember 3, 2015 4:09 PM Groupon (GRPN) Appoints Rich Williams as CEONovember 3, 2015 4:08 PM Groupon Announces Third Quarter 2015 ResultsNovember 3, 2015 4:07 PM