JPMorgan upgrades Funko, says toy stock has upside even as economic growth slows

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JPMorgan upgrades Funko, says toy stock has upside even as economic growth slows

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JPMorgan pointed to Funko's "strong content rebound," diminishing margin headwinds and resiliency in recessionary periods as drivers of its investment thesis.

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Category: Economy

Topics: Stock Picks Entertainment Markets Stocks CNBC Pro Pro: Short-term Premium Articles Pro: Street Calls Funko Inc Investing Source:tagname:CNBC US Source PRO Home Investment strategy Stock markets Cnbc

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 13:24:54

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 307 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 5981

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