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Groupon U.S. Deal Volumes Seen 'Ramping'

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Groupon Inc GRPN 1.47% has been trying to become a more real-time marketplace for local deals. Macquarie’s Tom White maintained an Outperform rating for the company, while raising its price target from $3.50 to $5, saying that the volumes of US local deals seemed to be ramping.

Groupon’s aim of moving its model away from a reliance on email and evolving into...