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Stock Market & Financial Investment News

News Breaks
February 21, 2014
05:57 EDTGRPNGroupon price target lowered to $12 from $16 at Deutsche Bank
Deutsche Bank lowered its price target for Groupon shares to $12 after the company reported Q4 billings, gross profit and EBITDA below it estimates and guided 2014 EBITDA $20M below its expectation. The firm keeps a Buy rating on the stock, saying at around $9, the weaker than expected Q4 is already priced into shares.
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