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We assign Tencent Music a narrow moat rating. The company is the biggest music streaming platform in China by far, and we have confidence that the company will generate excess ret ...
In response to these developments, Goldman Sachs downgraded Warner Music Group from "Buy" to "Neutral" and reduced the stock’s price target from $35.00 to $28.00.
On Wednesday, Bernstein SocGen Group initiated coverage on Warner Music Group (NASDAQ: NASDAQ:WMG) with an Outperform rating. The firm set a price target of $32.00 for the music company’s shares ...
A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Warner Music Group Corp (Symbol: WMG) entered into oversold territory, hitting an RSI ...
On Wednesday, Bernstein SocGen Group initiated coverage on Warner Music Group (NASDAQ: NASDAQ:WMG) with an Outperform rating. The firm set a price target of $32.00 for the music company’s shares, ...
On Thursday, JPMorgan (NYSE: JPM) analysts adjusted their outlook on Warner Music Group (NASDAQ: WMG) stock, reducing the price target to $32 from $38 while maintaining an Overweight rating.The ...
Warner Music Group Corp. (NASDAQ:WMG) drew a vote of confidence from Bernstein as the firm on June 3, initiated coverage of the stock with an Outperform rating and a $32 price target. The move ...
Universal Music Group, Warner Music Group and Sony Music Entertainment are pushing to collect license fees for their work and also receive a small amount of equity in Suno and Udio, two leaders ...
JULIEN DE ROSA / AFP via Getty Images Warner Music Group (WMG) shares fell on word the big music distributor was one of three firms negotiating with artificial intelligence (AI) startups to ...
Universal Music Group, Warner Music Group, and Sony Music Entertainment are in talks to license their work to AI startups Udio and Suno, according to a new report from Bloomberg. The deals would ...
The talks with AI startups concern how the labels—and their artists—would get paid for music’s use in generative AI models.
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