Orient Securities Sticks to Its Buy Rating for Tencent Music Entertainment Group Class A (1698)
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Orient Securities has reaffirmed its Buy rating for Tencent Music Entertainment Group Class A (1698), setting a price target of HK$52.39. The stock closed at HK$34.24, with a consensus price target of HK$55.67, indicating a potential upside of 62.59%. Goldman Sachs also maintains a Buy rating with a target of HK$59.00.
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