Benchmark Maintains Buy on Spotify Technology, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Matthew Harrigan maintains a Buy rating on Spotify Technology (NYSE:SPOT) and raises the price target from $290 to $325.
April 18, 2024 | 11:01 am
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Benchmark analyst Matthew Harrigan has raised the price target for Spotify Technology (SPOT) from $290 to $325, while maintaining a Buy rating.
The increase in the price target by a reputable analyst suggests a positive outlook on Spotify Technology's future performance. 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