Coupang Stock Has 16% Upside, According to 1 Wall Street Analyst
CPNGCoupang(CPNG) The Motley Fool·2024-04-18 21:09

Shares have surged from their 52-week low, but this rally may be just getting started. South Korean e-commerce behemoth Coupang (CPNG 0.53%) has seen its stock rise over 15% following news of a 58% price increase for its Wow membership fee. Despite these gains, which have added to the stock's steady climb in 2024, Coupang may still offer 16% upside over the next year, according to Citi analyst John Yu. I recently listed four reasons why Coupang is a buy -- before Yu hiked his price target to $26 and upgrade ...