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GRPN

Groupon

$4.39

0.05 (1.15%)

06:14
09/21/17
09/21
06:14
09/21/17
06:14

Pipper sees EBITDA upside pushing Groupon shares higher

Piper Jaffray analyst Samuel Kemp expects Groupon to beat the high end of its EBITDA guidance, forcing 2018 Street estimates "to a more realistic level and providing a tailwind" to the company's multiple. The analyst believes Groupon is seeing sustained momentum behind the North America local business and reductions in expenses. He notes that the company remains his strongest risk/reward profile idea over the next 12 months. Kemp reiterates an Overweight rating on Groupon with a $5.50 price target.

GRPN Groupon
$4.39

0.05 (1.15%)

07/21/17
07/21/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Groupon (GRPN) reinstated with an Underperform at BofA/Merrill. 2. LSC Communications (LKSD) initiated with a Neutral at JPMorgan. 3. Cars.com (CARS) initiated with a Hold at Craig-Hallum. 4. Rexnord (RXN) initiated with a Buy at Janney Capital. 5. Duluth Holdings (DLTH) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/17
ROTH
08/01/17
NO CHANGE
Target $55
ROTH
Buy
GrubHub, Groupon partnership a negative for Yelp, says Roth Capital
Roth Capital analyst Darren Aftahi notes that Grubhub (GRUB) announced a partnership with Groupon (GRPN) to provide its food delivery service to the latter's 53M active users, allowing them discounted rates when ordered through Groupon's platform. The analyst believes the partnership should be accretive to Grubhub, allowing access to Groupon's expansive customer base. Additionally, Aftahi sees this deal as a negative for Yelp (YELP) and Eat24. The analyst reiterates a Buy rating and $55 price target on Grubhub's shares.
08/02/17
PIPR
08/02/17
NO CHANGE
Target $5.5
PIPR
Overweight
Piper would be buyers of Groupon after earnings report
Piper Jaffray analyst Samuel Kemp said he would be a buyer of Groupon shares this morning, noting that its revenue miss was the result of weakness in the Goods segment, which carries a meaningfully lower gross profit margin. Kemp, who thinks the company's guidance for the second half appears conservative, keeps an Overweight rating and $5.50 price target on Groupon shares, which are up 5% to $4.07 in early trading.
08/31/17
UBSW
08/31/17
NO CHANGE
Target $190
UBSW
Buy
Costco comps a reminder of of business model strength, says UBS
UBS analyst Michael Lasser noted Costco (COST) reported better than expected August comps attributed to its Living Social and Groupon (GRPN) promotions as well as from food reflation. The analyst said the tailwinds should continue for a couple of months and said its results should serve as a reminder about the strength of its business model. Lasser reiterated his Buy rating and $190 price target on Costco shares.

TODAY'S FREE FLY STORIES

08:56
10/17/17
10/17
08:56
10/17/17
08:56
General news
Redbook Store Sales data reported »

Week of 10/14 Redbook…

SRPT

Sarepta

$50.73

0.16 (0.32%)

08:56
10/17/17
10/17
08:56
10/17/17
08:56
Recommendations
Sarepta analyst commentary  »

Sarepta approaching…

03/08/13
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  • 06

    Nov

NFLX

Netflix

$202.68

3.19 (1.60%)

, GE

General Electric

$23.36

0.38 (1.65%)

08:55
10/17/17
10/17
08:55
10/17/17
08:55
Options
Notable open interest changes for October 17th »

Monday's total…

NFLX

Netflix

$202.68

3.19 (1.60%)

GE

General Electric

$23.36

0.38 (1.65%)

CMCSA

Comcast

$36.61

0.6 (1.67%)

BAC

Bank of America

$26.24

0.41 (1.59%)

03/08/13
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  • 17

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    Oct

  • 01

    Nov

08:55
10/17/17
10/17
08:55
10/17/17
08:55
General news
The U.S. trade price report beat estimates »

The U.S. trade price…

NOW

ServiceNow

$121.40

-0.89 (-0.73%)

08:55
10/17/17
10/17
08:55
10/17/17
08:55
Conference/Events
ServiceNow to hold a forum »

NowForum 2017 is being…

03/08/13
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03/06/13
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  • 17

    Oct

  • 25

    Oct

  • 26

    Oct

  • 11

    Dec

GSM

Ferroglobe

$14.56

0.39 (2.75%)

08:55
10/17/17
10/17
08:55
10/17/17
08:55
Conference/Events
Ferroglobe to hold investor day »

Investor Day to be held…

03/08/13
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  • 17

    Oct

  • 14

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  • 15

    Nov

MSBI

Midland States

$33.03

-0.07 (-0.21%)

08:55
10/17/17
10/17
08:55
10/17/17
08:55
Conference/Events
Midland States to host conference call »

Conference call to…

03/08/13
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  • 17

    Oct

  • 27

    Oct

  • 15

    Nov

HPE

HP Enterprise

$14.86

-0.03 (-0.20%)

08:53
10/17/17
10/17
08:53
10/17/17
08:53
Initiation
HP Enterprise initiated  »

HP Enterprise initiated…

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  • 18

    Oct

  • 11

    Dec

JNJ

Johnson & Johnson

$136.12

-0.31 (-0.23%)

08:51
10/17/17
10/17
08:51
10/17/17
08:51
Hot Stocks
Johnson & Johnson says Puerto Rico hurricane had limited impact on company »

Says impact was limited…

03/08/13
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  • 17

    Oct

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    Oct

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    Oct

  • 06

    Nov

PX

Praxair

$141.29

-0.92 (-0.65%)

08:51
10/17/17
10/17
08:51
10/17/17
08:51
Hot Stocks
Praxair signs long-term agreement to supply nitrogen to GLOBALFOUNDRIES »

Praxair has signed a…

03/08/13
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  • 26

    Oct

ERII

Energy Recovery

$8.21

0.02 (0.24%)

08:49
10/17/17
10/17
08:49
10/17/17
08:49
Initiation
Energy Recovery initiated  »

Energy Recovery initiated…

03/08/13
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03/08/13
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  • 15

    May

  • 16

    May

JNJ

Johnson & Johnson

$136.12

-0.31 (-0.23%)

08:49
10/17/17
10/17
08:49
10/17/17
08:49
Hot Stocks
Breaking Hot Stocks news story on Johnson & Johnson »

Johnson & Johnson…

03/08/13
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03/08/13
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  • 17

    Oct

  • 23

    Oct

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    Oct

  • 06

    Nov

CSX

CSX

$52.84

0.01 (0.02%)

08:49
10/17/17
10/17
08:49
10/17/17
08:49
Hot Stocks
CSX expects Q4 volume to be neutral »

CSX has a favorable…

03/08/13
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03/08/13
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03/06/13
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  • 17

    Oct

  • 29

    Oct

  • 30

    Oct

BOLD

Audentes Therapeutics

$25.00

-3.075 (-10.95%)

08:47
10/17/17
10/17
08:47
10/17/17
08:47
Initiation
Audentes Therapeutics initiated  »

Audentes Therapeutics…

03/08/13
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03/08/13
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  • 20

    Oct

MS

Morgan Stanley

$48.94

0.64 (1.33%)

08:46
10/17/17
10/17
08:46
10/17/17
08:46
Hot Stocks
Morgan Stanley: MiFID to be 'a little bumpy,' not everyone ready for switchover »

Says believes MiFID will…

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  • 17

    Oct

  • 17

    Oct

  • 22

    Oct

JNJ

Johnson & Johnson

$136.12

-0.31 (-0.23%)

08:46
10/17/17
10/17
08:46
10/17/17
08:46
Hot Stocks
Breaking Hot Stocks news story on Johnson & Johnson »

Johnson & Johnson…

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  • 17

    Oct

  • 23

    Oct

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  • 06

    Nov

DNKN

Dunkin' Brands

$55.34

-0.13 (-0.23%)

08:46
10/17/17
10/17
08:46
10/17/17
08:46
Recommendations
Dunkin' Brands analyst commentary  »

Dunkin' Brands may…

03/08/13
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  • 26

    Oct

  • 01

    Nov

  • 02

    Nov

COH

Coach

$39.32

-0.25 (-0.63%)

, TPR

Tapestry

08:45
10/17/17
10/17
08:45
10/17/17
08:45
Recommendations
Coach, Tapestry analyst commentary  »

Coach's new…

COH

Coach

$39.32

-0.25 (-0.63%)

TPR

Tapestry

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SHLD

Sears

$5.99

-0.78 (-11.52%)

, APRN

Blue Apron

$5.25

0.09 (1.74%)

08:45
10/17/17
10/17
08:45
10/17/17
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

SHLD

Sears

$5.99

-0.78 (-11.52%)

APRN

Blue Apron

$5.25

0.09 (1.74%)

JCP

J.C. Penney

$3.39

-0.02 (-0.59%)

SEAS

SeaWorld

$12.53

-0.59 (-4.50%)

CTL

CenturyLink

$19.76

-0.49 (-2.42%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 02

    Nov

  • 07

    Nov

08:45
10/17/17
10/17
08:45
10/17/17
08:45
General news
Treasury Action: yields rebounded from lows »

Treasury Action: yields…

08:44
10/17/17
10/17
08:44
10/17/17
08:44
Conference/Events
Federal Reserve Bank of Philadelphia President speaks at summit »

Federal Reserve Bank of…

ORMP

Oramed

$10.68

-0.1099 (-1.02%)

08:44
10/17/17
10/17
08:44
10/17/17
08:44
Hot Stocks
Oramed scientists-authored paper published in EDM Journal »

Oramed announced today…

03/08/13
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03/08/13
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03/06/13
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08:44
10/17/17
10/17
08:44
10/17/17
08:44
Hot Stocks
Trump says Marino withdrew name from drug czar consideration »

President Donald Trump…

NFLX

Netflix

$202.68

3.19 (1.60%)

08:44
10/17/17
10/17
08:44
10/17/17
08:44
Recommendations
Netflix analyst commentary  »

Netflix price target…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 22

    Oct

IDCC

InterDigital

$74.55

-0.35 (-0.47%)

08:42
10/17/17
10/17
08:42
10/17/17
08:42
Hot Stocks
InterDigital, u-blox AG extend patent licence agreement »

InterDigital announced…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Oct

  • 01

    Nov

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