2021-01-19 06:16:19 TME Tencent Music
01/19/21 01/1906:16 01/19/2106:16 | Tencent Music price target raised to $26 from $19 at CitiCiti analyst Alicia Yap raised the firm's price target on Tencent Music to $26 from $19 and keeps a Buy rating on the shares. The analyst expects Tencent Music to report relatively in-line Q4 results during the week of March 22. Yap likes the company's earnings quality improvement and shift towards online music subscription, higher margins ads and synergies with long form audio content. |
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