Piper Sandler Reiterates Neutral on Spotify Technology, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell has reiterated a Neutral rating on Spotify Technology (NYSE:SPOT) and raised the price target from $300 to $320.
April 24, 2024 | 2:19 pm
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POSITIVE IMPACT
Piper Sandler maintains a Neutral rating on Spotify Technology but increases the price target to $320.
The increase in the price target by Piper Sandler 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 75
RELEVANCE 100