Goldman Sachs Maintains Neutral on Spotify Technology, Raises Price Target to $317
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Spotify Technology (NYSE:SPOT) and increased the price target from $277 to $317.
April 24, 2024 | 1:43 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Spotify Technology but raises the price target from $277 to $317.
The increase in the price target by Goldman Sachs suggests a positive outlook on Spotify's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100