Morgan Stanley Reiterates Overweight on Spotify Technology, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has reiterated an Overweight rating on Spotify Technology (NYSE:SPOT) and maintained a price target of $185.
July 26, 2023 | 3:22 pm
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Morgan Stanley has reiterated an Overweight rating on Spotify Technology and maintained a price target of $185.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Spotify Technology. The maintained price target of $185 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100