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Fly News Breaks for September 23, 2015
GRPN
Sep 23, 2015 | 07:54 EDT
Brean Capital said Groupon's restructuring announcement is a sign of the company's maturation. The firm sees its restructuring generating an appropriate return on investment and expects the company to perform more effectively from an operational standpoint. Brean Capital reiterated its Buy rating and $8 price target on Groupon shares, which declined 2.16% to $4.08 yesterday.
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