Analysts at Cowen turned more positive on Groupon Inc GRPN, noting that the stock now looks "more attractive." The firm's Thomas Champion upgraded Groupon's stock rating from Underperform to Market Perform with a price target boosted from $3.50 to $5.00. Groupon's North American local segment is now showing investors a more consistent growth profile, Champion explained . In the second quarter, the company showed a billings growth of 14 percent on a year-over-year basis while revenue and gross profit both rose 13 percent. Perhaps more notable, billings, revenue, and gross profit growth for the first half of 2017 all accelerated versus the same period a year ago. SourceStochastics are enetering the oversold territory so there is chance that price will continue to move inside the rising channel. $GRPN, Groupon, Inc. / D