Reuters: Global Markets: Groupon hits low on Evercore downgrade, $3 price target

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Groupon hits low on Evercore downgrade, $3 price target Aug 17th 2012, 16:36 SAN FRANCISCO | Fri Aug 17, 2012 11:06am EDT SAN FRANCISCO (Reuters) - Groupon Inc (GRPN.O) slumped 9.6 percent to a new low on Friday after Evercore Partners analyst Ken Sena downgraded shares of the largest daily deal company and set a $3 price target on the stock. It fell 48 cents to $4.52.

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