Barclays Reiterates Equal-Weight on Warner Music Gr, Maintains $33 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Kannan Venkateshwar has reiterated an Equal-Weight rating on Warner Music Group (NASDAQ:WMG) and maintained a $33 price target.
September 21, 2023 | 4:49 pm
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Barclays has reiterated an Equal-Weight rating on Warner Music Group and maintained a $33 price target.
The news is directly about Warner Music Group. Barclays' reiteration of an Equal-Weight rating and maintenance of a $33 price target suggests that they believe the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
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IMPORTANCE 70
RELEVANCE 100