Raymond James Maintains Outperform on Spotify Technology, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has maintained an Outperform rating on Spotify Technology (NYSE:SPOT) and increased the price target from $180 to $220.
December 11, 2023 | 3:02 pm
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Raymond James analyst Andrew Marok maintains an Outperform rating on Spotify Technology and raises the price target from $180 to $220.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100