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Groupon Might Be Good Buy Heading Toward Earnings

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HFA Staff
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Groupon Inc (NASDAQ:GRPN) took its shareholders on a wild ride today. The company's stock is up by more than 8% at time of writing, and stock has been rising pretty evenly throughout the day after a big jump right after the market opened this morning. The reason for the company's jump could be linked to a Morgan Stanley report that came out this morning.

Groupon Might Be Good Buy Heading Toward Earnings

The report, which was authored by Morgan Stanley analysts Scott Devitt and Stephen Shin, put a price target of $14 on Groupon Inc (NASDAQ:GRPN) and rated the company at Buy....

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