The Vetr crowd on Tuesday downgraded its rating for Groupon Inc GRPN from 5 stars (Strong Buy), issued 62 days ago, to 3.5 stars (Buy). Crowd sentiment at the time of the downgrade was mostly bullish, with 82 percent of Vetr user ratings bullish.
Groupon has seen some slight increased attention on the run up to its first quarter earnings report Wednesday. The stock has bounced back to the $4 level, which it maintained through much of March before dipping below the $3.60 mark in mid-April.
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Currently, the Vetr crowd's average target price for Groupon is up at $4.26, which remains below the average analyst target price of $4.92. Less than 2 percent of Vetr users are holding GRPN in their watch lists.
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