Morgan Stanley first gave Luckin Coffee (LK.US) a "flat" rating, with a target price of $21
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Morgan Stanley first rated Lucky Coffee (LK.US)"Flat" with a target price of $21
Morgan Stanley said in a research paper that it likes Luckin Coffee's unique store format, product pricing and rapidly expanding capacity, but believes Luckin's "current valuation looks reasonable." Luckin Coffee was first rated "flat," with a target price of $21, up 19% from Tuesday's closing price of $17.60.
Daimler expects Ruixing's sales to grow 30-fold in 2018-2021, driven mainly by store expansion, strong consumption growth, increased purchase frequency and average sales price growth.
In addition, the growing consumption of coffee by younger generations and urbanization will support this growth. But with earnings visibility relatively low, upside appears limited in the near term. Daimo said high execution risk, increased competition or changes in consumer tastes could increase Luckin's earnings volatility.
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Coffee rigid demand strong coffee farmers why are they still suffering?
Professional coffee knowledge exchange more coffee bean information Please pay attention to the coffee workshop (Wechat official account cafe_style) ▲ coffee prices are low, making many small African farmers unsustainable, switch to other crops, the market is worried about the crisis of farming. (photo / Dazhi) "A lot of coffee farms are uncultivated, and many people go far away," planting organic on the slopes of San Jose southwest of Honduras.
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Authentic [Yunnan small Grain Coffee] 9.9 taste fresh _ Lim & Mantning 9.9 _ free delivery in season
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style) Father's Day gift! This special event [Qianjie Coffee] will present you with two selected ears, six preferential rations beans and four boutique beans! A 20% discount for all single beans! There is also a time-limited discount for Yunnan small grain coffee with new rations beans! When active
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