By: Benzinga
UPDATE: Sterne Agee Upgrades Groupon to Buy; Risks Largely Priced In
Sterne Agee upgraded Groupon (NASDAQ: GRPN ) from Neutral to Buy and announced a $9.00 price target. Sterne Agee said, "This is an out-of-consensus upgrade predicated on a more constructive longer-term view of the company and is not a call on the company's upcoming 4Q results. We recognize that meaningful
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