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Groupon (GRPN) +4.4% on an upgrade to Overweight from Morgan Stanley. The firm, which is setting...
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Monday, June 18, 2012, 9:10 AM ETGroupon (GRPN) +4.4% on an upgrade to Overweight from Morgan Stanley. The firm, which is setting a PT of $18, cites a lower valuation, and thinks rivals such as Google Offers, AmazonLocal, and LivingSocial have "not gained meaningful traction or deployed new innovations." Groupon rallied on Friday along with other recently-battered Internet names. (also)
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