Spotify Technology shares are trading higher after Rosenblatt maintained a Buy rating on the stock and raised its price target from $399 to $438.
Portfolio Pulse from Benzinga Newsdesk
Spotify Technology shares rose after Rosenblatt maintained a Buy rating and increased its price target from $399 to $438.
October 18, 2024 | 3:20 pm
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POSITIVE IMPACT
Spotify Technology shares are trading higher following Rosenblatt's decision to maintain a Buy rating and increase the price target from $399 to $438.
The increase in price target and reaffirmation of a Buy rating by Rosenblatt is a positive signal for investors, likely leading to increased buying interest and a short-term rise in Spotify's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100