Coupang (CPNG) Stock: $18 Price Target From Mizuho

By Amit Chowdhry ● May 12, 2022
  • The shares of Coupang Inc (NYSE: CPNG) have received an $18 price target from Mizuho. These are the details.

The shares of Coupang Inc (NYSE: CPNG) have received an $18 price target from Mizuho. And Mizuho Securities analyst James Lee is maintaining a “Neutral” rating on the shares.

Lee adjusted the rating following the company’s recent first-quarter earnings report. Coupang reported a Q1 EPS of ($0.12), which was $0.05 higher than analyst estimates of ($0.17). And the revenue for the quarter was $5.1 billion compared to the consensus estimate of $5.25 billion.

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