Form 10-Q Groupon, Inc. For: Jun 30

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UBS Lowers Target on Groupon (GRPN) to $6.50; Comments on Q2 Positives/Negatives

August 6, 2014 11:50 AM EDT

UBS cuts its price target on Groupon (Nasdaq: GRPN) from $7.40 down to $6.50 and affirms its Neutral rating on the stock following Q2 results.

Analyst Eric Sheridan is positive on: a) continued traction within mobile (greater than half of all transactions, 92mm app downloads) &... More