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Thursday, December 15, 2011

Groupon (GRPN) Gets New Coverage

Groupon (GRPN) getting new coverage from analysts.

Credit Suisse (NYSE:CS) initiated coverage on Groupon (GRPN). They placed a “Neutral” rating on the company.

William Blair initiated coverage on Groupon. They placed an “Outperform” rating on the company.

RBC Capital initiated coverage on Groupon. They placed a “Sector Perform” rating on the company.

Barclays Capital (NYSE:BCS) initiated coverage on Groupon. They placed an “Overweight” rating on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Groupon. They placed an “Equal Weight” rating and a price target of $27.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Groupon. They placed a “Neutral” rating on the company.

Citigroup (NYSE:C) initiated coverage on Groupon. They placed a “Neutral” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on Groupon. They placed a “Buy” rating on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Groupon. They placed a “Buy” rating and a price target of $29.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Groupon. They placed a “Hold” rating and a price target of $21.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Groupon. They placed an “Outperform” rating on the company.

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