Evercore ISI Group Initiates Coverage On Webtoon Entertainment with Outperform Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with an Outperform rating and a price target of $30.
July 22, 2024 | 10:15 am
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POSITIVE IMPACT
Evercore ISI Group has initiated coverage on Webtoon Entertainment with an Outperform rating and a price target of $30. This positive analyst rating is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The initiation of coverage with an Outperform rating and a specific price target of $30 by a reputable analyst like Mark Mahaney from Evercore ISI Group is a strong positive signal. This is likely to attract investor interest and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100