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Fly News Breaks for October 8, 2015
GRPN
Oct 8, 2015 | 07:50 EDT
Cowen initiated Groupon with an Underperform and $2.75 price target on shares. Cowen analyst Kevin Kopelman said recent growth figures suggest the voucher marketplace has peaked and notes the food delivery space is hyper-competitive, making ROI difficult to generate.
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