Cantor Fitzgerald Reiterates Neutral on Spotify Technology, Maintains $340 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Deepak Mathivanan has reiterated a Neutral rating on Spotify Technology (NYSE:SPOT) and maintained a price target of $340.
October 07, 2024 | 3:31 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has reiterated a Neutral rating for Spotify Technology, maintaining a price target of $340. This suggests that the analyst sees no immediate catalyst for significant price movement.
The reiteration of a Neutral rating and maintenance of the price target indicates that the analyst does not foresee significant changes in Spotify's stock price in the short term. This suggests stability rather than volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100