Groupon continues to slide

The daily deals website's shares fell sharply early Fri. after Evercore Partners cut its rating to underweight, or sell, from equal weight, or hold, and slashed its price target to 3 from 6.50. Shares fell 24% Tue. after Groupon's (GRPN) Q2 results missed views. At least 2 other analysts have downgraded its stock. Shares fell 5% to 4.75.

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