Groupon (GRPN) February 5 straddle priced for move of 19% into EPS

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Go back to Groupon (GRPN) February 5 straddle priced for move of 19% into EPS

Groupon, Inc. (GRPN) PT Lowered to $4.80 at Goldman Sachs; Remains Sidelined

February 15, 2018 8:47 AM EST

Goldman Sachs lowered its price target on Groupon, Inc. (NASDAQ: GRPN) to $4.80 (from $5.40) while maintaining a Neutral rating following the company's 4Q earnings report. Gross profit came in 2% ahead of estimates. However, 2018 EBITDA guidance fell short of Street expectations by 4%.

While Goldman... More