From Anime To Abu Dhabi: Analyst Sees NIP Group Transforming Entertainment And Tech

Maxim Group analyst Jack Vander Aarde initiated coverage on NIP Group Inc. NIPG with a Buy rating and price forecast of $12.Following its IPO in July, NIP Group has become a diversified company in esports, entertainment, and technology, with in-house professional esports teams like Ninjas in Pyjamas and eStar, as well as talent management and event production, Aarde writes.Per the analyst, NIP Group aims to capture higher-margin growth opportunities by expanding into new verticals with synergies, broadening ...