Benchmark Maintains Buy on Spotify Technology, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz has maintained a Buy rating on Spotify Technology (NYSE:SPOT) and increased the price target from $202 to $260.
January 02, 2024 | 7:19 pm
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Benchmark analyst Mark Zgutowicz reaffirms a Buy rating on Spotify Technology and raises the price target to $260, indicating a positive outlook on the stock.
The increase in price target by Benchmark suggests a strong conviction in Spotify's future performance. This positive analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100