Groupon (GRPN) Reports In-Line Q2 EPS of 1c; Guides Q3 EPS Below Views

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Groupon (GRPN) PT Lowered to $7.50 at BofA/Merrill Lynch

August 6, 2014 10:23 AM EDT

BofA/Merrill Lynch analyst Paul Bieber reiterated a Neutral rating and lowered his price target on Groupon, Inc. (NASDAQ: GRPN) to $7.50 (from $8.00) following weak Q2 results and a disappointing 2014 EBITDA outlook.

Bieber comments, "While there were a few bright... More

Wunderlich Securities Downgrades Groupon, Inc. (GRPN) to Hold

August 6, 2014 6:33 AM EDT

Wunderlich Securities downgraded Groupon, Inc. (NASDAQ: GRPN) from Buy to Hold with a price target of $6.00 (from $10.00).

Analyst Blake Harper comments, "We are downgrading Groupon, Inc. (GRPN) to a Hold from a Buy and lowering our price target to $6 from $10 following the company's... More