JPMorgan Trims the PT for Warner Music Group (WMG) to $32
From Yahoo Finance: 2025-06-05 20:50:00
JPMorgan analysts lowered Warner Music Group Corp.’s price target to $32 from $38, maintaining an Overweight rating. This adjustment followed a 7% drop in shares after the release of fiscal Q2 results on May 8.
Despite recent setbacks, JPMorgan remains optimistic about WMG’s future. The company is expected to benefit from higher wholesale pricing and superfan tiers in 2026, capitalizing on the global growth of music streaming services and maintaining stable profitability with a 5-year streak of dividend increases.
Warner Music Group Corp. is a key player in the music industry, discovering and promoting artists through its record labels. The company also manages a vast song collection across various genres and handles music rights for movies and TV series.
While WMG shows promise as an investment, some AI stocks may offer greater potential for returns with limited downside risk. For those interested in AI investments, consider exploring opportunities beyond the music industry for potential growth.
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