Rosenblatt Maintains Buy on Spotify Technology, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has maintained a Buy rating on Spotify Technology (NYSE:SPOT) and increased the price target from $300 to $315.
February 07, 2024 | 12:39 pm
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POSITIVE IMPACT
Rosenblatt has reaffirmed its Buy rating on Spotify Technology and raised the price target to $315 from $300.
The increase in the price target by Rosenblatt signals a positive outlook on Spotify's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100