Evercore ISI Group Maintains Outperform on Webtoon Entertainment, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $30 to $27.
August 12, 2024 | 2:05 pm
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Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Webtoon Entertainment but lowers the price target from $30 to $27.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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