B Riley Ugrades Groupon To Buy, Shares Gain In Pre-Market

Analysts at B Riley upgraded Groupon

from “neutral” to “buy.” The target price for Groupon has been raised from $6 to $9.50. Groupon shares have fallen 25% over the past 52 weeks, while the S&P 500 index has gained 19.69% in the same period. Groupon's shares surged 4.81% to $6.76 in pre-market trading.