Evercore ISI Group Maintains Outperform on Spotify Technology, Raises Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Spotify Technology and raised its price target from $420 to $460, indicating a positive outlook for the company's stock.
August 29, 2024 | 9:15 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Spotify Technology and increased the price target from $420 to $460, suggesting confidence in the company's future performance.
The 'Outperform' rating and increased price target from a reputable analyst firm like Evercore ISI Group typically signals a positive sentiment towards the stock, likely leading to a short-term price increase as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100