Morgan Stanley Maintains Overweight on Coupang, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley maintains an Overweight rating on Coupang (NYSE:CPNG) and raises the price target from $26 to $27.
June 26, 2024 | 5:28 pm
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Morgan Stanley analyst Seyon Park maintains an Overweight rating on Coupang and raises the price target from $26 to $27.
The Overweight rating and increased price target from a reputable firm like Morgan Stanley is likely to boost investor confidence in Coupang, potentially driving the stock price up in the short term.
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IMPORTANCE 80
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