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Northland Securities Sticks to Its Buy Rating for Groupon (GRPN)

Tipranks - Tipranks - Wed Jan 14, 6:24AM CST

In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Groupon, with a price target of $42.00.

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According to TipRanks, Brooks is a 5-star analyst with an average return of 47.0% and a 75.57% success rate. Brooks covers the Industrials sector, focusing on stocks such as Graham, Ceco Environmental, and Tetra Technologies.

In a report released on January 8, Roth MKM also maintained a Buy rating on the stock with a $47.00 price target.

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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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