--Terran Orbital initiated with a Buy at Canaccord 06:15 LLAP Canaccord analyst Austin Moeller initiated coverage of Terran Orbital with a Buy rating and $22 price target.
--Moncler upgraded to Overweight from Equal Weight at Barclays 04:39 MONRF
TIME FOR COUPANG! WE CALLED THE BOTTOM -->NOW DO WE GO LONG-?
Coupang upgraded to Conviction Buy from Buy at Goldman Sachs 17:38 CPNG Goldman Sachs analyst Eric Cha upgraded Coupang to Conviction Buy from Buy with a price target of $37, down from $52. The negative factors that have weighed on the stock price since the second half of 2021 - rising rates, industry growth deceleration on high comps, and COVID induced capacity issues - are now mostly priced in, the analyst tells investors in a research note. Cha also believes that the market is underestimating Coupang's operating leverage potential, which he contends has been concealed under COVID induced expenses.
--Moncler upgraded to Overweight from Equal Weight at Barclays 04:39 MONRF
TIME FOR COUPANG! WE CALLED THE BOTTOM -->NOW DO WE GO LONG-?
Coupang upgraded to Conviction Buy from Buy at Goldman Sachs 17:38 CPNG Goldman Sachs analyst Eric Cha upgraded Coupang to Conviction Buy from Buy with a price target of $37, down from $52. The negative factors that have weighed on the stock price since the second half of 2021 - rising rates, industry growth deceleration on high comps, and COVID induced capacity issues - are now mostly priced in, the analyst tells investors in a research note. Cha also believes that the market is underestimating Coupang's operating leverage potential, which he contends has been concealed under COVID induced expenses.