Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Coupang (CPNG – Research Report) and Maplebear (CART – Research Report).
Coupang (CPNG)
In a report issued on December 18, James Lee from Mizuho Securities maintained a Hold rating on Coupang, with a price target of $20.00. The company’s shares closed last Wednesday at $15.89.
According to TipRanks.com, Lee is a 5-star analyst with an average return of
Currently, the analyst consensus on Coupang is a Hold with an average price target of $19.52.
See today’s best-performing stocks on TipRanks >>
Maplebear (CART)
In a report released yesterday, Colin Sebastian from Robert W. Baird maintained a Buy rating on Maplebear, with a price target of $31.00. The company’s shares closed last Wednesday at $23.15.
According to TipRanks.com, Sebastian is ranked #330 out of 8655 analysts.
Currently, the analyst consensus on Maplebear is a Moderate Buy with an average price target of $35.62.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on CPNG:
