Tigress Financial Maintains Buy on Warner Music Gr, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Tigress Financial has maintained its Buy rating on Warner Music Group (NASDAQ:WMG) but has lowered the price target from $52 to $44.
September 12, 2024 | 8:45 pm
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Tigress Financial has maintained its Buy rating on Warner Music Group but has lowered the price target from $52 to $44, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Warner Music Group's prospects, but the lowered price target reflects a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100