China Merchant Upgrades Tencent Music Entertainment to Buy From Hold, $10.50 Price Target
China Merchant upgraded Tencent Music Entertainment (TME) to Buy from Hold, setting a $10.50 price target. The stock has a 5-day change of $8.50, a 1st Jan change of +0.59%, and a year-to-date change of +7.19%. TME recently completed a $1 billion bond offering.


