Groupon (NASDAQ:GRPN) Cut to "Sell" at Wall Street Zen
Wall Street Zen downgraded Groupon (NASDAQ:GRPN) to a "sell" rating, coinciding with Goldman Sachs lowering its price target to $10 and maintaining a "sell" rating. Despite disappointing Q1 earnings, with EPS missing estimates and revenues slightly below expectations, Groupon's shares jumped 15% following management's optimistic outlook for stronger performance, especially in international local revenue and "Things to Do" segments. The company currently holds a consensus "Hold" rating from analysts but faces ongoing profitability pressures and declining billings in North America.
https://www.marketbeat.com/instant-alerts/groupon-nasdaqgrpn-cut-to-sell-at-wall-street-zen-2026-05-09/