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The Vetr crowd on Tuesday downgraded its rating for Groupon Inc (NASDAQ: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.
Learn how crowdsourced ratings could help you time the market.
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.
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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