Warner Music Group Corp. (WMG) Misses Q4 EPS by 20c, Revenue Beats
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Warner Music Group (WMG) PT Lowered to $37 at Goldman Sachs
November 22, 2024 4:36 AM ESTGoldman Sachs analyst Stephen Laszczyk lowered the price target on Warner Music Group (NASDAQ: WMG) to $37.00 (from $40.00) while maintaining a Buy rating.
The analyst comments "We lower our Price Target on shares of Warner Music Group from $40 to $37 following FY4Q24 results that... More
Warner Music Group (WMG) PT Lowered to $31 at Barclays
November 21, 2024 3:03 PM ESTBarclays analyst Kannan Venkateshwar lowered the price target on Warner Music Group (NASDAQ: WMG) to $31.00 (from $32.00) while maintaining a Equalweight rating.
The analyst comments "Recorded Music streaming revenue growth trending more towards mid-singles: Recorded music streaming subscription revenue growth was ~9.7% (10.6% constant currency) adjusted for one-time items vs our expectation of ~11%. While these streaming revenues were roughly comparable to our and consensus estimates,... More
