KB Securities issued a ‘BUY’ investment opinion on JYP Entertainment, setting a target price of 90,000 KRW, a 10% decrease from the previous target of 100,000 KRW. The adjustment is due to a shift in revenue sources from albums to concerts and merchandise, leading to increased production costs, and costs associated with the debut of new artists. The target price is similar to the average target price of 89,941 KRW from all securities firms over the past 6 months.
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Auto-posted at: 2025-03-19 09:02:21