Warner Music Group shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $34 to $37.
Portfolio Pulse from Benzinga Newsdesk
Warner Music Group's stock has been upgraded from Neutral to Buy by UBS, with a raised price target from $34 to $37. This has resulted in the shares trading higher.
October 03, 2023 | 12:41 pm
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Warner Music Group's stock has been upgraded by UBS, leading to an increase in its share price. The price target has also been raised from $34 to $37.
The upgrade of Warner Music Group's stock from Neutral to Buy by UBS indicates a positive outlook for the company. This, coupled with the raised price target, has led to an increase in the share price. This news is highly relevant and important for investors in WMG, as it directly impacts the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100