RBC Capital Starts Coupons.com (COUP) at Sector Perform
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Price: $80.97 --0%
Rating Summary:
11 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
11 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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RBC Capital analyst Mark Mahaney initiates coverage on Coupons.com (NYSE: COUP) with a Sector Perform rating and a price target of $28.00.
Mahaney comments, "Coupons.com is capturing and expanding the coupon market. COUP operates a leading digital promotion platform, serving over 700 CPGs (representing 2,000+ brands) and retailers operating more than 58,000 store locations. COUP generated revenue from over 1.3B transactions in 2013. The significant opportunity facing Coupons.com is to be at the center of the dramatic digital shift in coupon marketing and usage by CPGs, retailers, and consumers. We look for a better valuation entry point, as profitability inflects and we move beyond the Receipt IQ rollout."
For an analyst ratings summary and ratings history on Coupons.com click here. For more ratings news on Coupons.com click here.
Shares of Coupons.com closed at $24.65 yesterday.
Mahaney comments, "Coupons.com is capturing and expanding the coupon market. COUP operates a leading digital promotion platform, serving over 700 CPGs (representing 2,000+ brands) and retailers operating more than 58,000 store locations. COUP generated revenue from over 1.3B transactions in 2013. The significant opportunity facing Coupons.com is to be at the center of the dramatic digital shift in coupon marketing and usage by CPGs, retailers, and consumers. We look for a better valuation entry point, as profitability inflects and we move beyond the Receipt IQ rollout."
For an analyst ratings summary and ratings history on Coupons.com click here. For more ratings news on Coupons.com click here.
Shares of Coupons.com closed at $24.65 yesterday.
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