Wall Street Analysts Initiate Coverage on Groupon Wednesday, December 14, 12:09 PM ET
Wall Street analysts are publishing their first research reports and ratings on daily deal website Groupon (NASDAQ:
GRPN) today, with mixed opinions.
C) rated the stock a 'hold,' with a $24 price target.
Credit Suisse (NYSE:
CS) estimates the stock is a hold, with a $25 price target, and Morgan Stanley (NYSE: MS) called the stock an equalweight.
Barclays Capital (NYSE:
BCS) rated the stock overweight, with a $27 target.
Bank of America (NYSE:
BAC) started its coverage with a buy rating and a $28 target, while Goldman Sachs (NYSE: GS) initiated Groupon at a buy rating and a $29 target.
A rash of internet IPOs in recent months has include social networking site LinkedIn (NYSE:
LNKD), radio site Pandora (NYSE: P) and listings site Angie's List (NASDAQ: ANGI).
Facebook seems likely to be the most-anticipated internet IPO in 2012.
Groupon shares are trading lower following the coverage initiations today.
For MarketNewsVideo.com, I'm Sayoko Murase.
New Analyst Coverage: ING, KO, SPN
Related symbols: ING, KO, SPN, UBS, CS
Analyst Moves: AIG, ADBE, BLL
Related symbols: AIG, ADBE, BLL, DB, BAC
Analyst Moves: BBRY, CLF, AEO
Related symbols: BBRY, CLF, AEO, BAC, C
Wednesday Sector Leaders: Real Estate, Oil & Gas Refining & Marketing Stocks
Related symbols: AVHI, ARL, SYMX, GEVO
Wednesday Sector Laggards: Waste Management, General Contractors & Builders
Related symbols: SWSH, VE, HXM, CHCI
Tuesday Sector Leaders: Agriculture & Farm Products, Entertainment
Related symbols: CERE, AGRO, PRXI, SIX
FXI, FPA: Big ETF Outflows
Related symbols: FXI, FPA, C
XLE, IPD: Big ETF Inflows
Related symbols: XLE, IPD, XOM, CVX, MG.CA, TRI.CA
Tuesday's ETF with Unusual Volume: IWX
Related symbols: IWX, PFE, GE, MRO, NEM
Daily Dividend Report: FITB, IVR, AMTG, SUI, USB
Related symbols: FITB, IVR, AMTG, SUI, USB
Daily Dividend Report: SRE, LLY, AMAT, RL, PETM
Related symbols: SRE, LLY, AMAT, RL, PETM
Daily Dividend Report: CHK, SRC, KCAP, ROP, CPT
Related symbols: CHK, SRC, KCAP, ROP, CPT
Weekly Market Wrap: June 14, 2013
Related symbols: MCD, CTB, DOLE, SWY
Weekly Market Wrap: June 7, 2013
Related symbols: TIVO, ZNGA, GM, AAPL
Weekly Market Wrap: May 31, 2013
Related symbols: TIF, SFD, S
Week Ahead Market Report: June 17, 2013
Related symbols: ADBE, LZB, FDX, RSH, ORCL
Week Ahead Market Report: June 10, 2013
Related symbols: LDK, HRB, SFD
Week Ahead Market Report: June 3, 2013
Related symbols: DG, RUE, SJM, FWM
All videos » |
Stock market definitions »
Wall Street Analysts Initiate Coverage on Groupon
| Market News Video | Copyright © 2008 - 2013, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.