Goldman Sachs Maintains Neutral on Spotify Technology, Raises Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Spotify Technology (NYSE:SPOT) and raised the price target from $140 to $156.
June 28, 2023 | 12:18 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Spotify Technology and raised the price target from $140 to $156.
The news is directly about Spotify Technology. The Neutral rating indicates that Goldman Sachs does not expect the stock to outperform or underperform the market in the short term. However, the increase in price target from $140 to $156 suggests a positive outlook for the stock in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100