UBS has lowered its price target for Warner Music Group (WMG) from $43 to $41, citing foreign exchange pressures, while maintaining a Buy rating. Despite the stock trading at $29.30, analysts see potential for growth in 2025 driven by subscription increases and digital service price hikes, although short-term FX impacts may affect margins. Other firms have also adjusted their targets, reflecting a cautious outlook amid restructuring efforts and a tepid streaming environment.
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