
J.P. Morgan Sticks to Its Buy Rating for Coupang (CPNG)

J.P. Morgan analyst Stanley Yang has reaffirmed a Buy rating for Coupang (CPNG) with a price target of $40.00, while the stock closed at $30.22. This rating was issued on November 5, alongside a similar Buy rating from Bank of America Securities. However, TR | OpenAI maintained a Hold rating for Coupang.
J.P. Morgan analyst Stanley Yang maintained a Buy rating on Coupang on November 5 and set a price target of $40.00. The company’s shares closed yesterday at $30.22.
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According to TipRanks, Yang is ranked #3769 out of 10072 analysts.
In addition to J.P. Morgan, Coupang also received a Buy from Bank of America Securities’s Ahyung Cho in a report issued on November 5. However, yesterday, TR | OpenAI – 4o reiterated a Hold rating on Coupang (NYSE: CPNG).

