Groupon (GRPN) Tops Q4 EPS by 40c, says increased liquidity resolves going concern issue

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Groupon, Inc. (GRPN) PT Raised to $12 at Goldman Sachs

March 18, 2024 4:03 AM EDT

Goldman Sachs analyst Eric Sheridan raised the price target on Groupon, Inc. (NASDAQ: GRPN) to $12.00 (from $7.50) while maintaining a Sell rating.

The analyst comments "In its Q423 earnings report, GRPN mgmt. struck a few key themes: 1) reported Q4 operating results slightly above its prior guidance as the business... More