UPDATE: Groupon Up Over 6 Percent on Sterne Agee Upgrade


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Groupon (NASDAQ: GRPN) is up over 6.5 percent in pre-market trading as Sterne Agee upgraded the daily deal site earlier Wednesday morning. Sterne Agee believed that Groupon's shares are valued at a significant disount to its peers based on 2014E EV/Sales and EV/EBITDA.The company is scheduled to report earnings on February 27. Consensus expects a solid report on strong anticipated results from the company's Groupon Goods division during this past holiday season.At last check, Groupon is trading at 5.65, $0.36 above Tuesday's close.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorUpgradesHotAnalyst RatingsSterne Agee