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Key Points

  • Wall Street Zen has downgraded Chagee (NASDAQ:CHA) from a "buy" rating to a "hold" rating as of Sunday.
  • Despite the downgrade, several analysts have issued optimistic ratings for Chagee, with a range of target prices including $41.50 and $43.70.
  • Chagee's latest earnings report showed a revenue miss, with reported earnings of $0.05 per share against an estimated $0.09.
  • Five stocks to consider instead of Chagee.
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