Groupon (GRPN) Tops Q3 EPS by 2c, Q4 Guidance Falls Short

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Go back to Groupon (GRPN) Tops Q3 EPS by 2c, Q4 Guidance Falls Short

Groupon (GRPN) Q3 'Encouraging', Sterne Agee Says; Hits Targets a Quarter Early

October 31, 2014 12:38 PM EDT

Sterne Agee analyst Arvind Bhatia reiterated his Buy rating and $12 price target on Groupon, Inc. (NASDAQ: GRPN) following an "encouraging" Q3 performance, with the company achieveing 4Q performance targets a quarter early.

"3Q results were encouraging as execution improved and management delivered on all three of its 4Q targets a quarter... More

Groupon, Inc. (GRPN) Price Target Raised to $8 at Deutsche Bank

October 31, 2014 9:26 AM EDT

Deutsche Bank maintained a Buy rating on Groupon, Inc. (NASDAQ: GRPN) and raised its price target to $8.00 (from $7.00). The change follows Q3 results. Analyst Ross Sandler thinks the worst is behind for the stock.

"Groupon reported Billings, Gross Profit, and EBITDA that were +4%, flat, and +11%... More