UBS Initiates Coverage On Warner Music Gr with Neutral Rating, Announces Price Target of $29
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Batya Levi has initiated coverage on Warner Music Group (NASDAQ:WMG) with a neutral rating and a price target of $29.

June 29, 2023 | 9:44 am
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NEUTRAL IMPACT
UBS has initiated coverage on Warner Music Group with a neutral rating and a price target of $29.
The neutral rating from UBS indicates that they do not expect Warner Music Group's stock to perform significantly better or worse than the market in the near future. The price target of $29 provides a reference point for investors, but does not necessarily indicate a strong bullish or bearish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100