Online Music Services
Search documents
Tencent (TME) Loses 8% on Lower PT
Yahoo Finance· 2025-11-13 17:46
We recently published 10 Stocks Suffer Heavy Selling Pressure. Tencent Music Entertainment Group (NYSE:TME) is one of the worst-performing stocks on Wednesday. Tencent Music fell by 8.39 percent on Wednesday to close at $19.01 apiece as investors took path from an investment firm’s lower price target for its stock. In a market note, Macquarie reduced its price target for Tencent Music Entertainment Group (NYSE:TME) to $28.30 from $29.80 previously, but maintained its “outperform” rating on the stock. Sti ...