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JPMorgan Chase & Co. Lifts Entain Price Target by 3.9% to GBX 1,050

Guavy AI Editorial Team
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JPM
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Entain (LON:ENT) received a boost from JPMorgan Chase & Co. when the brokerage increased its price target to GBX 1,050, representing an upside potential of 84.18% from the company's previous close.

The 'overweight' rating from JPMorgan Chase & Co. is in line with other analyst views, as seven analysts have rated the stock with a Buy rating and a consensus price target of GBX 997.57.

Entain has seen momentum in online gaming revenue, narrowing losses and performance ahead of management forecasts. The company reported strong growth in Australia and international markets, which helped offset higher costs and taxes.

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