Coupang rallies after UBS says sales, market share, and margins will continue to go higher

seekingalpha05-16

Coupang (NYSE:CPNG) rallied in early action on Thursday after UBS upgraded the South Korean e-commerce stock to a Buy rating after having it set at Neutral. Analyst Jennifer Han and her team view ...

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Analyst Jennifer Han and her team view ...</p>\n\n<a href=\"https://seekingalpha.com/news/4107184-coupang-rallies-after-ubs-says-sales-market-share-and-margins-will-continue-to-go-higher\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coupang rallies after UBS says sales, market share, and margins will continue to go higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoupang rallies after UBS says sales, market share, and margins will continue to go higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-16 18:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4107184-coupang-rallies-after-ubs-says-sales-market-share-and-margins-will-continue-to-go-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coupang (NYSE:CPNG) rallied in early action on Thursday after UBS upgraded the South Korean e-commerce stock to a Buy rating after having it set at Neutral. Analyst Jennifer Han and her team view ...</p>\n\n<a href=\"https://seekingalpha.com/news/4107184-coupang-rallies-after-ubs-says-sales-market-share-and-margins-will-continue-to-go-higher\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPNG","symbol_name":"Coupang, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/4107184-coupang-rallies-after-ubs-says-sales-market-share-and-margins-will-continue-to-go-higher","article_id":"2435673724","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1312190830/image_1312190830.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435673724","pubTimestamp":1715856459,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Coupang  rallied in early action on Thursday after UBS upgraded the South Korean e-commerce stock to a Buy rating after having it set at Neutral. 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Looking ahead, UBS forecasted a 21% gross merchandise value CAGR for Coupang (CPNG) between 2023 and the end of 2026 and set its revenue expectations ahead of the consensus estimates. Coupang (CPNG) is expected to continue to improve its adjusted EBITDA margin of above 10% with ongoing improvements in operational efficiency, scale, and automation. UBS assigned a price target of $26 to CPNG. Shares of Coupang (CPNG) broke 2.84% higher in early trading to $23.16 vs. the 52-week trading range of $13.51 to $23.77. Coupang (CPNG) trades more than 25% above its 100-day and 200-day moving averages. 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