Roth MKM Sticks to Their Buy Rating for Groupon (GRPN)
In a report released yesterday, Sean McGowan from Roth MKM maintained a Buy rating on Groupon, with a price target of $47.00. The company’s shares closed yesterday at $16.61.
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According to TipRanks, McGowan is ranked #3070 out of 10356 analysts.
Currently, the analyst consensus on Groupon is a Moderate Buy with an average price target of $35.33.
Based on Groupon’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $122.83 million and a GAAP net loss of $118.37 million. In comparison, last year the company earned a revenue of $114.48 million and had a net profit of $13.93 million
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