Deutsche Bank Maintains On Groupon Amid Lower-Than-Expected Earnings
February 21, 2014 at 09:33 AM EST
Today in Deutsche Banks periodical DB Today - US, the firm maintained its Buy rating on Groupon (NASDAQ: GRPN ) but lowered its price target from $16 to $12. Deutsche Banks's Ross Sandler is staying positive on the longer term potential of Groupon, despite, lower-than-expected fourth quarter billings, gross profit