Ascendiant analyst Edward Woo upgraded Groupon two notches to Buy from Sell and raised his price target for shares to $10 from $7. Woo sees improving execution and near-term catalysts for a positive spinoff of TMON. He expects Groupon to issue "solid" Q1 guidance and views the stock's risk/reward as favorable at current levels. Shares of the local e-commerce marketplace closed yesterday up 39c to $7.34.
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