Morgan Stanley Reiterates Overweight on Spotify Technology, Maintains $170 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia reiterated an Overweight rating on Spotify Technology (NYSE:SPOT) and maintained a $170 price target.
June 12, 2023 | 2:11 pm
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Morgan Stanley's Manan Gosalia reiterated an Overweight rating on Spotify Technology (NYSE:SPOT) and maintained a $170 price target.
The reiteration of an Overweight rating by Morgan Stanley's analyst Manan Gosalia indicates a positive outlook for Spotify Technology. This rating, along with the maintained $170 price target, suggests that the stock is expected to outperform the market in the short term. The news is directly related to SPOT and is important for investors, as it provides an updated perspective from a reputable financial institution.
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IMPORTANCE 80
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