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China's Luckin Coffee is in a 'hyper growth' phase: The Zephirin Group

Longdley Zephirin of The Zephirin Group says he expects Luckin Coffee to continue growing until 2021 and he has a price target of $29 for the stock. He says the business is "recession proof" and the firm's data-driven, mobile approach will not be affected by any changes in China's macro situation.

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