Groupon price target raised to $33 from $27 at Roth Capital

Roth Capital raised the firm’s price target on Groupon (GRPN) to $33 from $27 and keeps a Buy rating on the shares. The company is making steady and increasingly significant progress in attracting merchants and consumers to the platform, while maintaining financial and operational discipline, producing accelerating growth in revenue, net income, adjusted EBITDA, and free cash flow, the analyst tells investors in a research note.