Citigroup Maintains Neutral on Warner Music Gr, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet maintains a Neutral rating on Warner Music Group (NASDAQ:WMG) and lowers the price target from $35 to $29.
May 23, 2023 | 1:59 pm
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Citigroup analyst lowers Warner Music Group's (WMG) price target from $35 to $29, maintaining a Neutral rating.
The lowered price target by Citigroup analyst Jason Bazinet indicates a less optimistic outlook for Warner Music Group's stock price in the short term. This could lead to a negative impact on the stock price as investors may adjust their expectations.
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