Goldman Sachs Upgrades Spotify Technology to Buy, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Spotify Technology (NYSE:SPOT) from Neutral to Buy and raised the price target from $320 to $425.
July 24, 2024 | 9:27 am
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Goldman Sachs analyst Eric Sheridan has upgraded Spotify Technology from Neutral to Buy and increased the price target from $320 to $425.
An upgrade from a major financial institution like Goldman Sachs, along with a significant increase in the price target, is likely to positively impact Spotify's stock price in the short term.
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