Groupon (GRPN) Names Rich Williams as COO, Guidance Unchanged
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Brean Capital Maintains Buy Following Groupon (GRPN) Management Changes and Repurchase Plan Increase
June 4, 2015 6:47 AM EDTBrean Capital maintains a Buy rating and $11.00 price target on Groupon, Inc. (NASDAQ: GRPN) following management changes. GRPN announced early Wednesday that Rich Williams was promoted to COO from President of North America. Jason Child, Groupon's CFO, will be leaving the company. GRPN also announced an increase in its repurchase plan.
Analyst Tom Forte commented, "Groupon operates the 10th largest ecommerce platform, according to... More
B. Riley Downgrades Groupon, Inc. (GRPN) to Neutral
June 3, 2015 12:59 PM EDTB. Riley downgraded Groupon, Inc. (NASDAQ: GRPN) from Buy to Neutral.
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 $6.03 yesterday.
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