Goldman Sachs Maintains Neutral on Spotify Technology, Raises Price Target to $277
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Spotify Technology (NYSE:SPOT) and raised the price target from $235 to $277.

April 17, 2024 | 3:34 pm
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Goldman Sachs maintains a Neutral rating on Spotify Technology but increases the price target from $235 to $277.
The increase in the price target by Goldman Sachs suggests a positive outlook on Spotify's future stock performance, despite maintaining a Neutral rating. This adjustment reflects an expectation of higher market valuation, which could lead to short-term positive sentiment among investors and potentially increase the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100