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March 14, 2014
12:26 EDTGRPNGroupon long-term potential intact, says Piper Jaffray
Piper Jaffray said it still believes Groupon will be successful in building itself into a deals search destination, though this could take two or three years. In 2014, Piper expects a potential acceleration in U.S. revenue growth and greater stability in growth elsewhere and maintain its Overweight rating and $15 target on Groupon.
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