Benchmark Reiterates Buy on Tencent Music Enter Gr, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reiterated a Buy rating on Tencent Music Entertainment Group (TME) and maintained a $9 price target for the company's stock.
November 15, 2023 | 2:20 pm
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Benchmark analyst Fawne Jiang reaffirmed a Buy rating on Tencent Music Entertainment Group with a $9 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a Benchmark analyst, along with the maintenance of a $9 price target, suggests a positive sentiment towards TME's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100