UPDATE: Sterne Agee Maintains Groupon at Buy; Expects Meaningful Profit Recovery
February 28, 2013 at 09:59 AM EST
In a report published Thursday, Sterne Agee maintained its Buy rating on Groupon (NASDAQ: GRPN ) and maintained its $9.00 price target. Sterne Agee reported that, “While 4Q will disappoint the Street as operating profit was below expectations, we believe shares are attractive for longer-term investors willing to play the
