Citigroup Maintains Neutral on Warner Music Gr, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Neutral rating on Warner Music Group (NASDAQ:WMG) and raised the price target from $29 to $34.
August 16, 2023 | 3:19 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Warner Music Group and raised the price target from $29 to $34.
The news is directly about Warner Music Group. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100