BofA analyst Ahyung Cho raised the firm’s price target on Coupang (CPNG) to $38 from $36 and keeps a Buy rating on the shares. Earnings has consistently surpassed initial expectation in the year-to-date due mainly to product commerce revenue and profits, says the firm, which raised its FY26 and FY27 PC EBITDA margin estimates to 9.6 and 10.1%, respectively.
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