Deutsche Bank Maintains Buy on Webtoon Entertainment, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black maintains a Buy rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $25 to $18.

August 12, 2024 | 5:27 pm
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Deutsche Bank analyst Benjamin Black maintains a Buy rating on Webtoon Entertainment but lowers the price target from $25 to $18.
The Buy rating suggests continued confidence in Webtoon Entertainment's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100