Groupon (GRPN) Receives a Buy from UBS
UBS analyst Eric Sheridan maintained a Buy rating on Groupon (GRPN) today and set a price target of $2.90. The company’s shares closed last Monday at $1.74, close to its 52-week low of $1.70.
According to TipRanks.com, Sheridan is a top 100 analyst with an average return of 14.4% and a 71.7% success rate. Sheridan covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and IAC/InterActiveCorp.
Groupon has an analyst consensus of Hold, with a price target consensus of $2.29.
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The company has a one-year high of $3.82 and a one-year low of $1.70. Currently, Groupon has an average volume of 8.73M.
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Groupon, Inc. operates as a global scaled two-sided marketplace that connects consumers to merchants. The firm provides marketing services by selling vouchers through online local marketplaces. It operates through North America and International segment.