Jefferies Upgrades Warner Music To Buy; Bumps Up Price Target By 22%
Jefferies analyst Andrew Uerkwitz upgraded Warner Music Group (NASDAQ:WMG) to Buy from Hold with a price target of $50, up from $41. The…
Jefferies Upgrades Warner Music Group to Buy, Raises Price Target to $50
Jefferies analyst Andrew Uerkwitz upgrades Warner Music Group (NASDAQ:WMG) from Hold to Buy and raises the price target from $41 to $50.
Warner Music Group Announces Sale Of 8,562,500 Shares Of Common Stock By Affiliates Of Access Industries
Warner Music Group Corp. (the "Company") (NASDAQ:WMG) today announced the sale of an aggregate of 8,562,500 shares of the Company's Class A common stock (the "Offering") by affiliates of
Tigress Financial Maintains Buy on Warner Music Group, Raises Price Target to $52
Tigress Financial analyst Ivan Feinseth maintains Warner Music Group (NASDAQ:WMG) with a Buy and raises the price target from $48 to $52.
Redburn Partners Upgrades Warner Music Group to Neutral
Redburn Partners analyst Nick Delfas upgrades Warner Music Group (NASDAQ:WMG) from Sell to Neutral.
Warner Music Raises $535M Debt To Fund Potential Acquisition Of David Bowie’s Songwriting Catalog
Warner Music Group Corp (NASDAQ:WMG) is in advanced talks to acquire David Bowie’s songwriting catalog and is raising $535…
Warner Music In Talks To Purchase David Bowie’s Songwriting Catalogue. BZ NOTE: This Deal Was Known About In Sept.
-Financial Times-Financial Times
Why This Warner Music Group Analyst Is Turning Bearish
Although Warner Music Group Corp (NASDAQ: WMG) is poised to continue benefiting from secular tailwinds in the music industry and its longer-term growth story remains intact, the stock seems “fairly valued” and there is downside risk in the near-to-intermediate term, according to BofA Securities.<
B of A Securities Downgrades Warner Music Group to Underperform, Lowers Price Target to $42
B of A Securities analyst Jessica Reif Cohen downgrades Warner Music Group (NASDAQ:WMG) from Buy to Underperform and lowers the price target from $53 to $42.