Pivotal Research Maintains Buy on Spotify Technology, Raises Price Target to $510
Portfolio Pulse from Benzinga Newsdesk
Pivotal Research has maintained its Buy rating on Spotify Technology and increased the price target from $460 to $510, indicating confidence in the company's future performance.
September 19, 2024 | 11:53 am
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Pivotal Research has reaffirmed its Buy rating on Spotify Technology and increased the price target from $460 to $510, suggesting a positive outlook for the company's stock.
The increase in price target from $460 to $510 by Pivotal Research indicates a strong positive sentiment towards Spotify's future performance. This is likely to boost investor confidence and could lead to a short-term increase in SPOT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100