UBS Upgrades Coupang to Buy, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jennifer Han has upgraded Coupang (NYSE:CPNG) from Neutral to Buy and raised the price target from $18.5 to $26.
May 16, 2024 | 3:11 pm
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UBS analyst Jennifer Han has upgraded Coupang from Neutral to Buy and increased the price target from $18.5 to $26.
The upgrade from Neutral to Buy and the significant increase in the price target from $18.5 to $26 by UBS is likely to positively impact Coupang's stock price in the short term as it reflects increased confidence in the company's performance and potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100