Morgan Stanley Maintains Overweight on Spotify Technology, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on Spotify Technology (NYSE:SPOT) and raises the price target from $370 to $400.
July 24, 2024 | 4:16 pm
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Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on Spotify Technology and raises the price target from $370 to $400.
The raised price target from $370 to $400 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating confidence in Spotify's future performance. This is likely to result in a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100