Recent Analysts’ Ratings Updates for Luckin Coffee (LK)

A number of research firms have changed their ratings and price targets for Luckin Coffee (NYSE: LK):

  • 6/12/2019 – Luckin Coffee is now covered by analysts at CICC Research. They set a “buy” rating on the stock.
  • 6/11/2019 – Luckin Coffee is now covered by analysts at KeyCorp. They set an “overweight” rating and a $22.00 price target on the stock.
  • 6/11/2019 – Luckin Coffee is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $24.00 price target on the stock.
  • 6/11/2019 – Luckin Coffee is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $21.00 price target on the stock.
  • 6/11/2019 – Luckin Coffee is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $27.00 price target on the stock.
  • 5/17/2019 – Luckin Coffee is now covered by analysts at Zephirin Group. They set a “buy” rating and a $32.00 price target on the stock.

LK traded up $1.27 on Friday, reaching $19.23. The stock had a trading volume of 3,618,905 shares, compared to its average volume of 6,664,690. Luckin Coffee Inc. has a 12-month low of $13.71 and a 12-month high of $25.96.

Luckin Coffee Inc engages in the retail sale of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers freshly brewed drinks, including freshly brewed coffee and non-coffee drinks; and food and beverage items, such as light meals. The company operates pick-up stores, relax stores, and delivery kitchens under the Luckin brand, as well as Luckin mobile app, Weixin mini-program, and other third-party platforms that cover the customer purchase process.

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