Truist Securities Reiterates Buy on Spotify Technology, Maintains $176 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Matthew Thornton has reiterated a 'Buy' rating on Spotify Technology (NYSE:SPOT) and maintained a price target of $176.
October 02, 2023 | 4:34 pm
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Spotify Technology's stock rating has been reiterated as 'Buy' by Truist Securities with a maintained price target of $176.
The reiteration of a 'Buy' rating by Truist Securities indicates their positive outlook on Spotify Technology. This could potentially attract more investors, driving the stock price up in the short term. The maintained price target of $176 also suggests that Truist Securities believes the stock is currently undervalued.
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