Deutsche Bank raised the firm’s price target on Webtoon (WBTN) to $25 from $18 and keeps a Buy rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBTN:
- Disney to acquire 2% stake in Webtoon
- Hold Rating on WEBTOON Entertainment Inc: Strategic Partnership with Disney Offers Long-Term Potential Amid Current Uncertainties
- Webtoon price target raised to $22 from $14 at JPMorgan
- Webtoon (WBTN) Stock Rockets 58% on Disney Deal and Equity Stake News
- Closing Bell Movers: Dave & Buster’s slumps 16% on Q2 miss