UBS Maintains Buy on Spotify Technology, Raises Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Batya Levi maintains a Buy rating on Spotify Technology (NYSE:SPOT) and increases the price target from $274 to $375.
April 05, 2024 | 3:02 pm
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UBS analyst Batya Levi maintains a Buy rating on Spotify Technology and raises the price target from $274 to $375.
The increase in the price target by a reputable analyst like Batya Levi from UBS is a strong positive signal for Spotify Technology. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100