Morgan Stanley analyst Benjamin Swinburne raised the firm’s price target on Spotify (SPOT) to $850 from $700 and keeps an Overweight rating on the shares.
Claim 55% 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 raised to $840 from $700 at Benchmark
- Spotify price target raised to $800 from $650 at Barclays
- Spotify price target raised to $840 from $825 at Bernstein
- Spotify’s Growth Potential and Strategic Pricing Drive Buy Rating
- Bulls Binge on Streaming Stocks as Netflix and Spotify Steal the Show