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Fly News Breaks for February 15, 2017
GRPN
Feb 15, 2017 | 13:07 EDT
Piper Jaffray analyst Samuel Kemp says he'd own shares of Groupon following the company's Q4 results, even with today's 20% post-earnings rally. Groupon's "leaner-and-meaner business is demonstrating its renewed direction," the analyst tells investors in a research note. He sees a "clear path" to EBITDA upside in 2018 and reiterates an Overweight rating on the shares with a $6.50 price target.
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