Vetr Top Raters Upgrade Groupon To 4.5 Star Stock
Shares of Groupon Inc (NASDAQ: GRPN) have lost nearly 20 percent since the start of 2016 and are lower by more than 65 percent over the top year.
Despite the notable losses, the Vetr crowd upgraded Groupon's stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of Groupon have risen to $2.39 since the prior rating of 4.0-stars was issued just 2 days ago.
Related link: Here's how crowdsourced ratings can beat the market.
In addition to an upgrade to clear bull territory, 86 percent of the crowd's ratings are bullish and the crowd sourced price target of $2.70 implies a potential upside of around 9 percent.
Latest Ratings for GRPN
Date | Firm | Action | From | To |
---|---|---|---|---|
Mar 2022 | Credit Suisse | Maintains | Neutral | |
Dec 2021 | Ascendiant Capital | Maintains | Buy | |
Dec 2021 | JP Morgan | Maintains | Neutral |
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Posted-In: Groupon VetrAnalyst Color Long Ideas Crowdsourcing Analyst Ratings Trading Ideas General