Groupon price target lowered to $8 from $12 at Deutsche Bank Deutsche Bank lowered its price target for Groupon shares to $8 following the company's "mixed" Q1 results but keeps a Buy rating on the stock. Deutsche expects shares to trade "sideways" pending easier growth and margin comps in September, but continues to view the risk/reward as favorable ahead of that.
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.