B.Riley Downgrades Groupon To Neutral

B.Riley downgraded

from Buy to Neutral. The price target for Groupon has been lowered from $9.00 to $7.00. Groupon shares have gained 5.67 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period. Groupon shares closed at $6.15 in after-hours trading.