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OPAP initiated with a Neutral at JPMorgan

OPAP initiated with a Neutral at JPMorgan

JPMorgan analyst Estelle Weingrod initiated coverage of OPAP with a Neutral rating and EUR 15 price target. The company is well positioned to capture growth in the online Greek gaming industry but its growth profile is "unappealing" as it has a lack of diversification and is facing increasing online competition, Weingrod tells investors in a research note.

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