Mizuho Reaffirms Outperform Rating for Tencent Music (TME)

Tencent Music Entertainment Group (NYSE:TME) is one of the 15 large cap stocks under $30 with huge upside potential. On March 18, Wei Fang from Mizuho reduced the firm’s price target on Tencent Music Entertainment Group (NYSE:TME) from $28 to $23. The analyst maintained his Outperform rating on the stock, which still yields almost 131% potential upside even after the revision. Copyright: dennizn / 123RF Stock Photo The move follows the company’s fourth-quarter earnings report, in which Fang highlighted ...