Warner Music Group's Stock Boosted with Raised Price Target by Bernstein Analyst

Bernstein analyst Ian Moore maintains an 'Outperform' rating on Warner Music Group (WMG) and raises the price target from $32.00 to $34.00, a 6.25% increase. The adjustment reflects positive sentiment towards WMG's potential growth. Investors may consider WMG as a viable investment opportunity supported by ongoing confidence from analysts. The average target price for WMG is $32.84, with an average target implying an upside of 12.66%.