Citi added an “upside 90-day catalyst watch” on shares of Spotify (SPOT) while keeping a Neutral rating on the name with a $750 price target The firm believes Spotify will increase its U.S. subscription prices in the next few months, providing a positive catalyst for the shares.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPOT:
- Spotify price target lowered to $830 from $840 at Bernstein
- Spotify named media and entertainment top pick at Morgan Stanley
- Spotify’s Growth Potential: Buy Rating Backed by Robust Revenue and Margin Expansion
- AI Daily: Meta, Arm enter strategic partnership to scale AI efficiency
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
