Macquarie Maintains Outperform on Spotify Technology, Raises Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Tim Nollen maintains an Outperform rating on Spotify Technology (SPOT) and raises the price target from $330 to $345.
April 24, 2024 | 7:01 pm
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Macquarie analyst Tim Nollen maintains an Outperform rating on Spotify Technology and raises the price target from $330 to $345.
The increase in the price target by Macquarie 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