RBC Becoming 'More Cautious' on Groupon (GRPN)

Wells Fargo Downgrades Groupon, Inc. (GRPN) to Market Perform

November 4, 2015 9:58 AM EST

Wells Fargo downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform.

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.

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Groupon (GRPN) Losing Money for the Forseeable Future - Cowen

November 4, 2015 8:18 AM EST

Groupon (NASDAQ: GRPN) revenue is expected to be down in FY16, to $2.75-3.05B, vs. $3.0-$3.1 in FY15, driven primarily by a potential decline of $250M y/y in Shopping. As Groupon faces increasing pressure, the founder and CEO is stepping down to make room for a former executive from Amazon, Rich Williams. Cowen analyst, Kevin Kopelman,... More

Groupon (GRPN) PT, Estimates Sliced at Evercore ISI on Weak Guidance

November 4, 2015 7:51 AM EST

Evercore ISI analyst Ken Sena reiterated a Hold rating and cut estimates and his price target on Groupon, Inc. (NASDAQ: GRPN) to $3.00 (from $4.50) following substantially lower guidance.

Sena commented, "We are cutting our target to $3 (from $4.50) on substantially lower estimates to reflect the companys guide-down for its 4th quarter and 2016, which roughly halved our... More

Wall St. ends down after energy slide, Yellen comments

November 4, 2015 7:32 AM EST

By Caroline Valetkevitch

(Reuters) - U.S. stocks edged lower on Wednesday, retracing recent gains along with energy shares, while comments by Federal Reserve Chair Janet Yellen pointing to a possible interest rate hike in December added to investor caution.

S&P energy , down 1.0 percent, led the day's decline as U.S. crude oil closed down 3.3 percent. The fall snapped a run of five straight days of gains in the energy index.

Stocks added to losses after comments by Yellen, who told Congress the Fed expects the economy to continue to grow at a pace that... More

Piper Jaffray Downgrades Groupon, Inc. (GRPN) to Neutral

November 4, 2015 6:51 AM EST

Piper Jaffray downgraded Groupon, Inc. (NASDAQ: GRPN) from Overweight to Neutral with a price target of $2.50 (from $7.50), citing the transitioning business.

Analyst Gene Munster commented, "Groupon reported Sep-15 revenue 3% below the Street and EBITDA inline with the Street. GRPN guided down Dec-15 revenue by... More

BofA/Merrill Lynch Downgrades Groupon, Inc. (GRPN) to Underperform

November 4, 2015 6:39 AM EST

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.

... More

Groupon (GRPN) Tops Q3 EPS by 3c, Q4 Guidance Misses; Groupon Board Names Rich Williams CEO

November 3, 2015 4:09 PM EST

Groupon (NASDAQ: GRPN) reported Q3 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $713.6 million versus the consensus estimate of $732.74 million.

Groupon sees Q4 2015 EPS of ($0.01)-$0.01, versus the consensus of $0.07. Groupon sees Q4 2015 revenue of $815-865 million,... More

Groupon (GRPN) Appoints Rich Williams as CEO

November 3, 2015 4:08 PM EST

Groupon (NASDAQ: GRPN) hat its Board of Directors has appointed Rich Williams as Chief Executive Officer and member of the Board of Directors, effective immediately. Williams succeeds Eric Lefkofsky, Groupons co-founder, who has been Groupons CEO since August 2013. Lefkofsky will return to the role of Chairman of the Board, also effective immediately.

Rich is the right and natural choice for Groupons future, and he has the unanimous support of the Board of Directors. We are fully confident we have identified the best leader for our employees, customers, partners and shareholders, said Ted... More