Coupang shares are trading higher after CLSA upgraded the stock from Hold to Outperform and raised its price target from $18 to $31.
Portfolio Pulse from Benzinga Newsdesk
Coupang shares rose following an upgrade by CLSA from Hold to Outperform, with a price target increase from $18 to $31.
September 04, 2024 | 5:20 pm
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POSITIVE IMPACT
Coupang's stock received a boost after CLSA upgraded it from Hold to Outperform and increased the price target from $18 to $31.
The upgrade from CLSA and the significant increase in the price target are likely to positively influence investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100