Loop Capital Maintains Hold on Spotify Technology, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alan Gould maintains a Hold rating on Spotify Technology (NYSE:SPOT) and raises the price target from $250 to $300.
April 24, 2024 | 1:30 pm
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Loop Capital maintains a Hold rating on Spotify Technology but increases the price target from $250 to $300.
The increase in the price target from $250 to $300 by Loop Capital indicates a positive outlook on Spotify Technology's future stock performance, despite maintaining a Hold rating. This adjustment suggests that the analyst sees potential for growth or positive developments that could lead to an increase in the stock's value in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90