Groupon Inc (GRPN) – Early Signs of a Turn: Morgan Stanley

Mani

Published onJune 17, 2013

Updated on May 13, 2021

Morgan Stanley (NYSE:MS) reiterates its earlier equal-weight rating on Groupon Inc (NASDAQ:GRPN), owing to the company’s sustained growth momentum in the U.S. market.

In its research report published after the analysts' meeting with CEO Eric Lefkofsky and CFO Jason Child, Morgan Stanley analysts conclude that Groupon Inc (NASDAQ:GRPN) is able to sustain its North American business while it lacks visibility in its international business.

Scott Devitt and Stephen Shin commented on the positive tone from management, thanks to their drive towards pull from push showing promise.

The analysts...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Groupon Inc (GRPN) – Early Signs of a Turn: Morgan Stanley

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