Jefferies Maintains Buy on Warner Music Gr, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Uerkwitz maintains a Buy rating on Warner Music Group (NASDAQ:WMG) but lowers the price target from $37 to $35.
September 22, 2023 | 3:45 pm
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NEUTRAL IMPACT
Jefferies maintains a Buy rating on Warner Music Group but lowers the price target from $37 to $35.
The news is directly about Warner Music Group. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100