Groupon price target lowered to $4 from $6 at Deutsche Bank Deutsche Bank views Groupon's Q3 results as mixed and said the company's e-commerce Goods business growth is coming at the expense of core local deals to some degree. The firm lowered its price target for shares to $4 and keeps a Hold rating on the name.
Groupon jumps 5% after positive mention by Leon Cooperman Shares of Groupon are trading higher after Leon Cooperman of Omega Advisors said on CNBC that his firm believes shares are worth 40%-50% more than current trading levels. Cooperman added that the provider of coupons is not a large holding for Omega. Groupon shares are up 5%, or 32c, to $7.15 in afternoon trading.