Morgan Stanley Maintains Overweight on Spotify Technology, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on Spotify Technology (NYSE:SPOT) and raises the price target from $170 to $185.
July 13, 2023 | 2:02 pm
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Morgan Stanley maintains an Overweight rating on Spotify and raises the price target from $170 to $185, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for Spotify. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100