Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2024 Unaudited Financial Results

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Tencent Music Entertainment Group (TME) PT Raised to $17 at Mizuho

March 19, 2025 5:11 AM EDT

Mizuho analyst Wei Fang raised the price target on Tencent Music Entertainment Group (NYSE: TME) to $17.00 (from $16.00) while maintaining a Outperform rating.

The analyst comments "TME delivered a clean quarter with both revenue and margins above expectations. The steady execution in core music... More