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Truist Financial Corp lowered its stake in Coupang, Inc. (NYSE:CPNG – Get Rating) by 29.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,354 shares of the company’s stock after selling 22,310 shares during the period. Truist Financial Corp’s holdings in Coupang were worth $693,000 […]
Cetera Advisor Networks LLC raised its position in Coupang, Inc. (NYSE:CPNG – Get Rating) by 88.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,335 shares of the company’s stock after buying an additional 17,049 shares during the quarter. Cetera […]
Coupang (NYSE:CPNG – Get Rating) was upgraded by equities researchers at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has a $19.00 price objective on the stock, down from their prior price objective of $28.00. Credit Suisse Group’s price […]
Shares of Coupang, Inc. (NYSE:CPNG – Get Rating) have received an average rating of “Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have updated their coverage on the […]
Since its IPO last year, Coupang's share is down over 70%. CPNG is trading at a discounted valuation compared to other e-commerce players around the world.