B of A Securities Maintains Buy on Spotify Technology, Raises Price Target to $185
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Jessica Reif Ehrlich maintains a Buy rating on Spotify Technology (NYSE:SPOT) and raises the price target from $165 to $185.
June 29, 2023 | 2:16 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Spotify Technology and raises the price target from $165 to $185.
The raised price target by B of A Securities indicates a positive outlook for Spotify Technology. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100