Barclays analyst Jiong Shao raised the firm’s price target on Coupang (CPNG) to $36 from $35 and keeps an Overweight rating on the shares post the Q1 report. The company reported solid results, which demonstrate the value of Coupang’s “unique business model,” the analyst tells investors in a research note.
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:
- Coupang’s Earnings Call Highlights Growth and Strategic Moves
- Coupang’s Strong Market Position and Growth Potential Justify Buy Rating and $30 Price Target
- Coupang’s Strategic Buyback and Expansion in Taiwan Bolster Buy Rating
- Coupang, Inc. Reports Strong Q1 2025 Earnings
- Coupang reports Q1 EPS 6c vs. 0c last year