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Tencent Music Entertainment Group (NYSE:TME) Downgraded by China Renaissance Securities to “Hold”

January 22, 2022
Source: com-unik.info com-unik.info
News Snapshot:
Tencent Music Entertainment Group (NYSE:TME) was downgraded by equities researchers at China Renaissance Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Analyst Price Targets reports. They currently have a $7.30 price target on the stock. China Renaissance Securities’ price objective suggests a potential upside of 14.24% from the stock’s current price. Several other research analysts have also commented on TME. Citigroup lowered Tencent Music Entertainment Group from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $9.00 to $8.50 in a...
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