Tencent Music Entertainment Group Announces First Quarter 2023 Unaudited Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
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
