tiprankstipranks
Trending News
More News >

Warner Music price target lowered to $37 from $40 at Guggenheim

Guggenheim lowered the firm’s price target on Warner Music (WMG) to $37 from $40 and keeps a Buy rating on the shares. Results largely underperformed expectations with management anticipating continued slower Subscription Streaming revenue growth for the remainder of FY25, notes the analyst, who tempered forecasts following the fiscal Q2 report.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1