{"id":29923,"date":"2014-08-29T10:44:22","date_gmt":"2014-08-29T14:44:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=29923"},"modified":"2014-08-29T10:44:22","modified_gmt":"2014-08-29T14:44:22","slug":"why-coupons-com-inc-nysecoups-future-is-bright","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/why-coupons-com-inc-nysecoups-future-is-bright-29923","title":{"rendered":"Why Coupons.Com Inc (NYSE:COUP)\u2019s Future Is Bright"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/29\/2014 (wallstreetpr) \u2013\u00a0The future is bright for digital coupons, where <strong>Coupons.Com Inc (NYSE:COUP)<\/strong> is a big player. Analysts at <strong>Bank of America Corp (NYSE:BAC)<\/strong> are the latest to take notice of the encouraging trend, and they have issued a positive recommendation on the stock in a <a href=\"http:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/14\/08\/4813867\/bank-of-america-sees-digital-trending-upward-for-coupons\">note to investors<\/a>. They think that buying COUP is a wise move because of potential rewards.<\/p>\n<p style=\"text-align: justify;\">In a note to investors, Bank of America\u2019s analyst, Nat Schindler, restated a \u201cBuy\u201d recommendation on the stock of Coupons.Com and also issued a target price of $30 on the stock. The new target price is almost double the current price of the stock, which is about $14.95. The stock was gaining more than 7% in the early morning session but remains down more than 50% so far this year.<\/p>\n<p style=\"text-align: justify;\"><strong>Encouraging trend<\/strong><\/p>\n<p style=\"text-align: justify;\">In their recommendation of Coupons.Com Inc (NYSE:COUP), BAC cited various market research reports that show increasing coupon activities. For example, they noted that digital coupons continue to grow with distribution volume jumping 31% year-over-year. They also noted that digital coupons far outpace other coupon categories, and that is good news for Coupons.Com, which is a major player in the digital coupon segment.<\/p>\n<p style=\"text-align: justify;\">Coupons.Com, a $1.14 billion company, operates digital promotion that connects brands and retailers with the consumers through coupons. It has more than 2,000 brands that it serves. The company reported a loss of $0.09 per share in its 2Q2014, which was behind the consensus estimate of a loss of $0.04 per share.\u00a0 However, revenue in the quarter was up more than 32% to $51.70 million, which also ahead of the consensus estimate of $51.64 million.<\/p>\n<p style=\"text-align: justify;\"><strong>Varied views<\/strong><\/p>\n<p style=\"text-align: justify;\">Analysts are not unanimous on the prospects of Coupons.Com Inc (NYSE:COUP). While Bank of America (BAC) just made a bullish case for the coupon company, analysts at Vertical Group recently issued a bearish note on the stock. They issued a &#8220;sell&#8221; rating on the stock and even trimmed their target price to $11 from $17.50. Vertical Group noted that Coupons.Com had already hit their target price, and they think the stock is likely to trend downward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/29\/2014 (wallstreetpr) \u2013\u00a0The future is bright for digital coupons, where Coupons.Com Inc (NYSE:COUP) is a big player. Analysts at Bank of America Corp [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":29924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[1654,8518,1010,8519],"stock_ticker":[],"class_list":["post-29923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bank-of-america-corp-nysebac","tag-coupons-com-inc-nysecoup","tag-nysebac","tag-nysecoup","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Coupons.Com Inc (NYSE:COUP)\u2019s Future Is Bright - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/why-coupons-com-inc-nysecoups-future-is-bright-29923\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Coupons.Com Inc (NYSE:COUP)\u2019s Future Is Bright - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/29\/2014 (wallstreetpr) \u2013\u00a0The future is bright for digital coupons, where Coupons.Com Inc (NYSE:COUP) is a big player. 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