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Groupon Falls As IAC, Angi Homeservices Rise On Broker's Note

October 11, 2017
BY Investor's Business Daily - Reinhardt Krause

Trends in internet stocks specializing in local services favor Barry Diller's IAC/InterActiveCorp (IAC) and Angi Homeservices (ANGI), while Groupon (GRPN) is not well-positioned, says Goldman Sachs.

Christopher Merwin, a Goldman Sachs analyst, initiated coverage of IAC/InterActiveCorp and Angi Homeservices with buy ratings. He rated Groupon as sell.

Continue reading the original article at Investor's Business Daily.

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