Barclays Maintains Equal-Weight on Warner Music Gr, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Kannan Venkateshwar has maintained an Equal-Weight rating on Warner Music Group (NASDAQ:WMG) and raised the price target from $30 to $33.
August 09, 2023 | 4:20 pm
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Barclays has maintained an Equal-Weight rating on Warner Music Group and raised the price target from $30 to $33.
The news of Barclays maintaining an Equal-Weight rating on WMG and raising the price target is directly related to WMG and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's performance and future prospects, which could drive buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100