Deutsche Bank Maintains Buy on Spotify Technology, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black maintains a Buy rating on Spotify Technology (NYSE:SPOT) and raises the price target from $260 to $340.
April 17, 2024 | 4:03 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Buy rating on Spotify Technology and increases the price target to $340.
The increase in price target by a reputable analyst like Benjamin Black from Deutsche Bank suggests a strong bullish outlook on Spotify Technology. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100