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Wall Street Analysts See a 31.16% Upside in Groupon (GRPN): Can the Stock Really Move This High?
GRPNGroupon(GRPN) ZACKS·2024-09-04 14:56

Shares of Groupon (GRPN) have gained 12.5% over the past four weeks to close the last trading session at 12.87,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof12.87, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 16.88 indicates a potential upside of 31.2%.The mean estimate comprises four short-term price targets with a standard deviation of 7.94.Whilethelowestestimateof7.94. While the lowest estimate of 7.50 indicates a 41.7% decline from the current pri ...