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Webtoon price target lowered to $15 from $20 at Evercore ISI

Evercore ISI analyst Mark Mahaney lowered the firm’s price target on Webtoon (WBTN) to $15 from $20 and keeps an Outperform rating on the shares. Mixed Q4 results show “challenges but also potential growth opportunities,” the analyst tells investors in a post-earnings note.

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