Barclays Maintains Overweight on Spotify Technology, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mario Lu maintains an Overweight rating on Spotify Technology (NYSE:SPOT) and raises the price target from $182 to $186.
October 25, 2023 | 2:32 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Spotify and raises the price target to $186, indicating positive sentiment towards the stock.
The raised price target by Barclays indicates their positive outlook on Spotify's stock. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100