Deutsche Bank Maintains Buy on Warner Music Gr, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black maintains a Buy rating on Warner Music Group (NASDAQ:WMG) but lowers the price target from $42 to $36.

August 13, 2024 | 1:13 pm
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Deutsche Bank analyst Benjamin Black maintains a Buy rating on Warner Music Group (NASDAQ:WMG) but lowers the price target from $42 to $36.
The Buy rating suggests continued confidence in Warner Music Group's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100