KeyBanc analyst Eric Gonzalez said Luckin Coffee's management team hosted a call with analysts to discuss the impact of coronavirus on the business, during which they said they believe they can still achieve many of the company's key targets. Assuming some recovery in March, the company sees Q1 product revenue coming in near half of the current Rmb 2.2B to 2.3B estimate, noted Gonzalez. However, management believe customers will resume normal behaviors rather quickly once the virus dissipates, which could mean that the recovery period is short. The impact to Q2 could be minimal and the company reiterated expectations for reaching break-even during the third quarter of this year, added Gonzalez, who has an Overweight rating and $56 price target on Luckin shares.