Wells Fargo Maintains Overweight on Spotify Technology, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an 'Overweight' rating on Spotify Technology (NYSE:SPOT) and raised the price target from $180 to $250.
July 14, 2023 | 2:24 pm
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POSITIVE IMPACT
Wells Fargo has maintained an 'Overweight' rating on Spotify Technology and raised the price target from $180 to $250, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Spotify Technology. 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