Citigroup Maintains Neutral on Tencent Music Enter Gr, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap has maintained a Neutral rating on Tencent Music Enter Gr (NYSE:TME) and lowered the price target from $7.5 to $7.
August 16, 2023 | 3:42 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Tencent Music Enter Gr and lowered the price target from $7.5 to $7.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100