A report today from Benchmark Co. gives Groupon Inc. (NASDAQ:GRPN) a price target of $20. That's the same price that the firm's IPO was set at. The firm's stock opened today at $9 and is now trading up over 7% at 9.60. That is a serious rise to expect from the company.
The analysts, Clayton F. Moran and Daniel L. Kurnos, suggests that the end of the firm's IPO lock up will be a driver for future success. 93% of the...
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