Wolfe Research Upgrades Spotify Technology to Outperform, Announces $190 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Deepak Mathivanan has upgraded Spotify Technology (NYSE:SPOT) from Peer Perform to Outperform and set a new price target of $190.
June 21, 2023 | 9:02 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Spotify Technology (NYSE:SPOT) has been upgraded to Outperform by Wolfe Research, with a new price target of $190.
Wolfe Research's upgrade of Spotify Technology to Outperform and the announcement of a $190 price target is likely to have a positive short-term impact on the stock price. The upgrade indicates that the analyst believes the company will outperform its peers, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100