Groupon, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Groupon, Inc.

GRPN 21.55

+7.1%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: The Ox	2/27/2014 10:42:41 AM
	Read Replies (1) of 480

Zack's says stay away, DB says add on weakness.... Deutsche Bank reiterated a Buy rating on Groupon, Inc. (NASDAQ: GRPN) with a price target of $12.00. Analyst Ross Sandler noted the turn-around was "bumpy" but he doesn't think the wheels have come off, and he sees Q1 re-accelerating. "We recently spent time with GRPN management and came away feeling a lot better about interpretation of the mixed 4Q, and overall trends heading into 2014. GRPN is facing headwinds in NA as it shifts its inventory from urgent-expiration to perpetual-marketplace deals. This transition should continue for a couple more quarters (started to impact in 3Q13), but we get the sense that 1Q is re-accelerating, despite some of the noise coming from 3P data tracking. Importantly, the bear case that everything is falling apart is not valid looking objectively at strong EMEA performance in 4Q," said Sandler. "GRPN remains a volatile name, we would take advantage of the recent weakness by adding to/initiating positions," he said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next