The coupon site needs to get its merchant mix right, focusing more on service-based businesses that benefit from daily deals.
Meanwhile, smaller rival ConocoPhillips is downgraded to 'hold.'
The company once hoped for double its current market cap. Here's how it might just get there.
The stock's IPO quiet period ends, and weak recommendations follow.
The investment may help alleviate investors' anxiety about the large exodus of top executives from the company.
Vertex was upgraded to 'top pick,' while Children's Place was downgraded to 'neutral.'
Perhaps the IPO was not as highly anticipated as we thought. Investors didn't think the stock was worth more than its IPO price.
With unexercised options, the company could be worth as much as $8.9 billion. But the $10 price in its initial public offering is lower than Street chatter of $12 a share.
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