Groupon (GRPN) Adds to Gains on Positive Analyst Sentiment

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Go back to Groupon (GRPN) Adds to Gains on Positive Analyst Sentiment

Groupon (GRPN) Higher on Positive Analyst Commentary

June 23, 2014 9:44 AM EDT

Groupon (NASDAQ: GRPN) is seeing early upside as investors find solace in today's analyst comments from Piper Jaffray's Gene Munster, noted earlier. Shares are up 3.1%.

Munster reiterated an Overweight rating and $16 price target Groupon, saying tracking marketplace deals suggest the slow turnaround continues.

... More

Data Shows Groupon (GRPN) Turnaround Continues - Piper Jaffray

June 23, 2014 7:09 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and $16 price target Groupon, Inc. (NASDAQ: GRPN) Monday saying tracking marketplace deals suggest the slow turnaround continues.

Munster said, "We remain buyers of GRPN. Our proprietary deal tracking has showed the number of deals available... More