WEBTOON Entertainment (NASDAQ:WBTN) Receives New Coverage from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of WEBTOON Entertainment (NASDAQ:WBTN) in a research report sent to investors on Monday, MarketBeat.com reports. The brokerage issued a neutral rating and a $23.00 target price on the stock.

A number of other research firms have also recently weighed in on WBTN. Morgan Stanley started coverage on shares of WEBTOON Entertainment in a research note on Monday. They issued an equal weight rating and a $23.00 target price on the stock. The Goldman Sachs Group initiated coverage on WEBTOON Entertainment in a report on Monday. They issued a buy rating and a $62.00 target price for the company. Evercore ISI started coverage on WEBTOON Entertainment in a research report on Monday. They set an outperform rating and a $30.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on WEBTOON Entertainment in a research report on Monday. They issued a buy rating and a $25.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, WEBTOON Entertainment has a consensus rating of Moderate Buy and an average price target of $32.60.

WEBTOON Entertainment Trading Up 0.3 %

Shares of WEBTOON Entertainment stock opened at $20.95 on Monday. WEBTOON Entertainment has a 52-week low of $19.48 and a 52-week high of $25.66.

WEBTOON Entertainment Company Profile

Our Vision To be the world’s storytelling technology platform empowering creation by anyone, for everyone. WEBTOON is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. We have pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication.