Mizuho Maintains Neutral on Coupang, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee maintains a Neutral rating on Coupang (CPNG) and raises the price target from $20 to $23.

May 08, 2024 | 11:58 am
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Mizuho analyst James Lee maintains a Neutral rating on Coupang and raises the price target from $20 to $23.
The increase in price target by Mizuho suggests a positive outlook on Coupang's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement, likely influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100