Canaccord Genuity Maintains Buy on Spotify Technology, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Maria Ripps maintains a Buy rating on Spotify Technology (SPOT) and raises the price target from $315 to $330.
April 22, 2024 | 11:36 am
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POSITIVE IMPACT
Canaccord Genuity maintains a Buy rating on Spotify Technology and raises the price target from $315 to $330.
The increase in the price target by Canaccord Genuity reflects a positive outlook on Spotify Technology's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100