Information Provided By:
Fly News Breaks for February 4, 2020
LK
Feb 4, 2020 | 07:58 EDT
Needham analyst Vincent Yu raised his price target on Luckin Coffee to $40 and kept his Buy rating after the company responded to allegations of fraudulent reporting with an SEC filing denying wrongdoing. The analyst adds that he had earlier lowered his estimate on the stock due to the negative impact of coronavirus in China, but now adds the company's new unmanned retail and tea partnership store initiatives into his model.
News For LK From the Last 2 Days
There are no results for your query LK