Nexon upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Haruka Mori upgraded Nexon to Overweight from Neutral. The stock "looks increasingly attractive from a risk/reward perspective" given that Nexon has several promising new titles are in the pipeline for this year, Mori said. He sees substantial earnings upside if any of the titles that the company plans to release becomes a major hit, Mori added.