Citigroup Maintains Neutral on Spotify Technology, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Neutral rating on Spotify Technology (NYSE:SPOT) while raising the price target from $255 to $310.
May 07, 2024 | 5:40 pm
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Citigroup has maintained a Neutral rating on Spotify Technology but increased the price target from $255 to $310.
The increase in the price target by Citigroup 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