Form 6-K Tencent Music Entertainm For: Nov 12

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Tencent Music Entertainment Group (TME) PT Lowered to $14.50 at Citi

November 12, 2024 2:38 PM EST

Citi analyst Alicia Yap lowered the price target on Tencent Music Entertainment Group (NYSE: TME) to $14.50 (from $15.00) while maintaining a Buy rating.

The analyst comments "While 3Q24 print came relatively in-line with expectations overall, net add of 2mn came at the high-end... More