Barclays raised the firm’s price target on Coupang (CPNG) to $30 from $24 and keeps an Overweight rating on the shares ahead of the Q1 report. The firm expects the company’s business to “continue gradually returning to normal.”
Claim 55% Off TipRanks
New trading tool for CPNG bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPNG:
- Unusually active option classes on open April 14th
- Coupang put volume heavy and directionally bearish
- AI Daily: Microsoft weighs legal action against Amazon, OpenAI
- Midday Fly By: General Mills reports downbeat Q3, Macy’s reports Q4 beat
- Morning Movers: Macy’s rises, General Mills slips after quarterly earnings