Raymond James Downgrades Groupon (GRPN) to Underperform
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Goldman Thinks Groupon (GRPN) is Compelling Despite Near-Term Pain
February 28, 2013 1:03 PM ESTShares of Groupon (NASDAQ: GRPN) declined sharply on Wednesday evening after the company reported disappointing Q4 results and offered guidance that was below expectations. Part of the reason for shortfall relates to higher cost of revenue from Groupon Goods. Despite this, analysts at Goldman Sachs... More
Wells Fargo Downgrades Groupon, Inc. (GRPN) to Market Perform
February 28, 2013 7:21 AM ESTWells Fargo downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform and lowers its valuation range to $5.00 to $6.00 from $6.00 to $7.00.
The firm comments, "Groupon reported Q4 results that fell slightly below expectations. More
concerning to us however, is the companys recent change in strategy. We liked
the original Groupon business model of providing a... More
BofA/Merrill Lynch Downgrades Groupon, Inc. (GRPN) to Underperform
February 28, 2013 7:01 AM ESTBofA/Merrill Lynch downgraded Groupon, Inc. (NASDAQ: GRPN) from Neutral to Underperform.
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 $5.98 yesterday, with a 52 week range of $2.60-$20.50.... More
Evercore Partners Cuts PT on Groupon (GRPN) to $4.30
February 28, 2013 6:57 AM ESTEvercore Partners cut its price target on Groupon, Inc. (NASDAQ: GRPN) from $5 to $4.30 while reiterating a Underweight rating. The firm said the bottom-line miss overshadowed a meaningful volume beat. They also noted margin trends are worrisome, contracting 1000 bps Q/Q to 52%.
Analyst Ken Sena... More
UPDATE: Groupon (GRPN) Posts Q4 GAAP Loss of 12c/Share; Guides Q1 Revs Below Views
February 27, 2013 4:06 PM EST(Updated - February 27, 2013 4:59 PM EST)
Groupon (Nasdaq: GRPN) reported Q4 adjusted loss $0.05 per share, versus the analyst estimate of $0.03. Revenue for the quarter came in at $638.3 million versus the consensus estimate of $638.41 million.
*** Fourth quarter GAAP loss per share of $0.12, including $0.07 loss per share from a... More
