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Mirae Asset Securities raised Wemade's target stock price by 20%

Business / Paul Lee / 04/08/2024 03:44 AM

(Photo = Wemade)

 

[Alpha Biz= Reporter Paul Lee] Mirae Asset Securities said on the 5th that "Nightcrow," a multi-access role-playing game (MMORPG), is a global hit and that it is an active buying timing.

The investment opinion remained 'buy' and raised the target price by 20% from 75,000 won to 90,000 won.

Mirae Asset Securities raised its global average daily sales forecast for Nightcrow this year from 700 million won to 1.3 billion won.

Nightcrow broke the record with 380,000 simultaneous users as of the previous day.

Downloads by country are distributed in the order of Thailand (25%), Philippines (23%), Taiwan (11%), Indonesia (9%), Taiwan (24%), the United States (16%), Thailand (11%) and the Philippines (10%).

Mirae Asset Securities predicted a prolonged stable box office success, saying that the price of the cro token, which is a beautification in the game, remains stable and that there are more real users who are not for a living than the previous Mir 4.

 

 

 

AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)

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