Guggenheim Maintains Buy on Spotify Technology, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Michael Morris maintains a Buy rating on Spotify Technology (NYSE:SPOT) and raises the price target from $165 to $180.
May 23, 2023 | 1:21 pm
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POSITIVE IMPACT
Guggenheim analyst Michael Morris maintains a Buy rating on Spotify Technology and raises the price target from $165 to $180.
The news of Guggenheim maintaining a Buy rating on Spotify Technology and raising the price target from $165 to $180 is positive for the company. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100