Keybanc Maintains Overweight on Spotify Technology, Raises Price Target to $490
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Spotify Technology and raises the price target from $440 to $490.
October 16, 2024 | 12:05 pm
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Keybanc analyst Justin Patterson has maintained an Overweight rating on Spotify Technology and increased the price target from $440 to $490, indicating a positive outlook for the company's stock.
The increase in price target from $440 to $490 by Keybanc suggests a positive outlook for Spotify's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100