
Barclays Sticks to Its Buy Rating for Coupang (CPNG)

Barclays analyst Jiong Shao has reaffirmed a Buy rating for Coupang (CPNG) with a price target of $40.00. Shao, a 5-star analyst with a 14.3% average return and 56.62% success rate, also covers other stocks in the Consumer Cyclical sector. Additionally, Morgan Stanley's Seyon Park issued a Buy rating for Coupang on November 5, while Mizuho Securities maintained a Hold rating on November 6.
In a report released today, Jiong Shao from Barclays maintained a Buy rating on Coupang, with a price target of $40.00.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
According to TipRanks, Shao is a 5-star analyst with an average return of 14.3% and a 56.62% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as Alibaba, JD, and Sea.
In addition to Barclays, Coupang also received a Buy from Morgan Stanley’s Seyon Park in a report issued on November 5. However, on November 6, Mizuho Securities maintained a Hold rating on Coupang (NYSE: CPNG).

