Wells Fargo Maintains Equal-Weight on Warner Music Gr, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Omar Mejias maintains an Equal-Weight rating on Warner Music Group (NASDAQ:WMG) but lowers the price target from $37 to $34.

August 08, 2024 | 1:21 pm
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Wells Fargo analyst Omar Mejias maintains an Equal-Weight rating on Warner Music Group (NASDAQ:WMG) but lowers the price target from $37 to $34.
The lowered price target from $37 to $34 by Wells Fargo suggests a less optimistic outlook for Warner Music Group's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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