Deutsche Bank Initiates Coverage On Webtoon Entertainment with Buy Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with a Buy rating and set a price target of $25.
July 22, 2024 | 12:15 pm
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Deutsche Bank has initiated coverage on Webtoon Entertainment with a Buy rating and set a price target of $25.
The initiation of coverage with a Buy rating and a specific price target of $25 by a major financial institution like Deutsche Bank is likely to positively impact the stock price of Webtoon Entertainment in the short term. This is because such coverage often increases investor confidence and can attract new investments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100