B of A Securities maintains Buy on Coupang, lowers target to $27
B of A Securities analyst Ahyung Cho maintained a Buy rating on Coupang (NYSE: CPNG) while lowering the price target from $28 to $27.

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B of A Securities analyst Ahyung Cho maintained a Buy rating on Coupang (NYSE: CPNG) while lowering the price target to $27. The previous target stood at $28. The adjustment reflects a revised outlook on the stock's valuation potential despite the continued positive recommendation.
Rating and Target Details
The firm's stance remains bullish on the e-commerce giant, signaling confidence in its long-term performance. The price target reduction suggests a more conservative near-term upside estimate.
| Metric | Value |
|---|---|
| Rating | Buy |
| New Price Target | $27 |
| Previous Price Target | $28 |
What specific factors led to the revised valuation outlook for Coupang?
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