Goldman Sachs Maintains Buy on Warner Music Gr, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Stephen Laszczyk maintains a Buy rating on Warner Music Group (NASDAQ:WMG) and raises the price target from $35 to $40.

August 10, 2023 | 1:45 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Warner Music Group and raises the price target from $35 to $40.
The news of Goldman Sachs maintaining a Buy rating and raising the price target for Warner Music Group is likely to have a positive impact on the company's stock in the short term. This is because such an endorsement from a reputable financial institution can boost investor confidence and potentially drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100