Warner Music Group Corp. (WMG) Tops Q2 EPS by 8c, Revenues Beat

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Warner Music Group (WMG) PT Raised to $43 at Guggenheim Following Earnings

May 4, 2021 3:55 PM EDT

Guggenheim analyst Michael Morris raised the price target on Warner Music Group (NASDAQ: WMG) to $43.00 (from $42.00) while maintaining a Buy rating.

The analyst commented, "WMG delivered strong F2Q results (link) with double-digit revenue growth at both Recorded Music and Music Publishing. Importantly, the... More