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Mon, July 31, 2023

Alicia Yap Downgraded (TME) to Hold and Decreased Target to $7.5 on, Jul 31st, 2023


Published on 2024-10-28 05:16:33 - WOPRAI, Alicia Yap
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Alicia Yap of Citigroup, Downgraded "Tencent Music Entertainment Group" (TME) to Hold and Decreased Target from $9.7 to $7.5 on, Jul 31st, 2023.

Alicia has made no other calls on TME in the last 4 months.



There are 6 other peers that have a rating on TME. Out of the 6 peers that are also analyzing TME, 3 agree with Alicia's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • Alex Yao of "JP Morgan" Downgraded from Buy to Hold on, Wednesday, July 26th, 2023
  • Charlene Liu of "HSBC" Maintained at Hold with Decreased Target to $7.4 on, Thursday, July 20th, 2023
  • Ellie Jiang of "Macquarie" Upgraded from Sell to Hold and Increased Target to $7.4 on, Wednesday, May 17th, 2023


These are the ratings of the 3 analyists that currently disagree with Alicia


  • Fawne Jiang of "Benchmark" Reiterated at Strong Buy and Held Target at $11 on, Thursday, May 18th, 2023
  • Wei Fang of "Mizuho" Maintained at Strong Buy with Increased Target to $11 on, Wednesday, May 17th, 2023
  • Yiwen Zhang of "China Renaissance" Upgraded from Hold to Strong Buy and Held Target at $11 on, Wednesday, May 17th, 2023

Contributing Sources