Tencent Music Entertainment Group Announces First Quarter 2023 Unaudited Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
- AMD shares fall amid AI chip sector selloff
- JetBlue shares fall amid American results, fuel cost concerns
- Bloom Energy Corp. (BE) Tops Q3 EPS by 25c, Beats on Revenue; Offers FY26 Guidance
- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- LKQ posts Q3 loss, replaces CEO amid Europe struggles
Citi Upgrades Tencent Music Entertainment Group (TME) to Buy, 'Healthy Sustainable Music Sub Revs & Margins'
May 17, 2023 6:02 AM EDTCiti analyst Alicia Yap upgraded Tencent Music Entertainment Group (NYSE: TME) from Neutral to Buy with a price target of $9.70 (from $8.20).
The analyst comments "TME delivered solid 1Q23 with total revs returning to positive growth of +5.4% yoy and adj. NP +57%... More



