Groupon Inc (GRPN) – Early Signs of a Turn: Morgan Stanley

Morgan Stanley (NYSE:MS) reiterates its earlier equal-weight rating on Groupon Inc (NASDAQ:GRPN), owing to the company’s sustained growth momentum in the U.S. market. In its research report published after the analysts’ meeting with CEO Eric Lefkofsky and CFO Jason Child, Morgan Stanley analysts conclude that Groupon Inc (NASDAQ:GRPN) is able to sustain its North American business while it lacks visibility in its international business. Scott Devitt and Stephen Shin commented on the positive tone from management, thanks to their drive towards pull from push showing promise. The analysts also noted that European operations started stabilizing after correcting operational issues. However, enlarging…