Groupon (GRPN) Tops Q3 EPS by 1c; To Buy Monster Ticket for $260M

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Groupon (GRPN) Remains Buy at Goldman Sachs; Target Trimmed to $12

November 8, 2013 9:46 AM EST

Goldman Sachs maintained a Buy rating on Groupon, Inc. (NASDAQ: GRPN) and adjusted its price target to $12.00 (from $13.00). The change follows Q3 results that fell short of consensus.

Analyst Heath P. Terry said, "We continue to believe the opportunity in local is... More

Groupon (GRPN) Target Price Trimmed at Evercore Partners Post Q3; Speculation Around Living Social Post Deal

November 8, 2013 6:47 AM EST

Evercore Partners Ken Sena trimmed his price target on Equal Weight-rated Groupon, Inc. (NASDAQ: GRPN) from $10 to $9 following Q3 results, saying transitional issues remain.

Sena comments: "Groupon reported a top and bottom line miss , coming in at $595mm in revenue and $39mm in CSOI, missing our estimates by 4% and 40%, respectively, which the company... More