Barclays Maintains Overweight on Coupang, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Shao maintains an Overweight rating on Coupang (CPNG) and raises the price target from $24 to $25.
February 29, 2024 | 1:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays analyst John Shao maintains an Overweight rating on Coupang and raises the price target from $24 to $25.
The increase in price target by Barclays, accompanied by an Overweight rating, suggests a positive outlook on Coupang's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100