B of A Securities Maintains Buy on Spotify Technology, Raises Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jessica Reif Ehrlich maintains a Buy rating on Spotify Technology (SPOT) and raises the price target from $315 to $370.
April 24, 2024 | 5:27 pm
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Spotify Technology's price target was raised from $315 to $370 by B of A Securities, with a maintained Buy rating.
The increase in price target by a reputable analyst firm like B of A Securities typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a possible short-term price increase for SPOT.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100