JP Morgan Initiates Coverage On Webtoon Entertainment with Neutral Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with a Neutral rating and a price target of $23.
July 22, 2024 | 2:19 pm
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NEUTRAL IMPACT
JP Morgan has initiated coverage on Webtoon Entertainment with a Neutral rating and a price target of $23.
The Neutral rating suggests that JP Morgan does not see significant upside or downside potential in the short term. The price target of $23 provides a benchmark for investors, but the neutral stance indicates a balanced view on the stock's prospects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100