Skip to main content

Market Overview

Vetr Turns From Bull To Bear After Groupon Finds Upside

Share:

The Vetr crowd on Thursday downgraded its rating on Groupon, Inc. (NASDAQ: GRPN) from 5 stars (Strong Buy), issued 29 days ago, to 1 star (Strong Sell). Crowd sentiment at the time of the downgrade was mostly bearish, with 87 percent of Vetr user ratings bearish.

Vetr's downgrade comes a few days after Groupon jumped 13 percent. The company reported a better-than-expected Q3 earnings. While the company did fall short on revenue compared to analyst predictions, Groupon did raise its outlook on FY17.

Groupon finished Thursday's trading day up at $5.27.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average price target on Groupon is down at $3.68, which is below the average analyst price target of $4.92. Less than 2 percent of Vetr users are holding GRPN in their watch-lists.

Latest Ratings for GRPN

DateFirmActionFromTo
Mar 2021JP MorganUpgradesUnderweightNeutral
Mar 2021Credit SuisseMaintainsNeutral
Jan 2021Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for GRPN
View the Latest Analyst Ratings

 

Related Articles (GRPN)

View Comments and Join the Discussion!

Posted-In: VetrDowngrades Price Target Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
ABCMSVB LeerinkMaintains25.0
CCHWFCantor FitzgeraldMaintains8.2
SFIXKeyBancMaintains75.0
ORCLKeyBancMaintains82.0
AMEKeyBancMaintains131.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com