JPMorgan initiated coverage of Chagee (CHA) with an Underweight rating and $14.20 price target Among China’s “bubble & brew” sector, the firm prefers Luckin (LKNCY) and Guming as its top two picks and least prefers Chagee, the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off