Benchmark Maintains Buy on Spotify Technology, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz maintains a Buy rating on Spotify Technology (NYSE:SPOT) but lowers the price target from $205 to $195.

October 23, 2023 | 1:18 pm
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Benchmark analyst maintains a Buy rating on Spotify but lowers the price target from $205 to $195.
The news is directly about Spotify. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100