In a report released yesterday, Doug Anmuth from J.P. Morgan maintained a Buy rating on Spotify Technology SA (SPOT – Research Report), with a price target of $150.00. The company's shares closed last Thursday at $102.68, close to its 52-week low of $95.22. According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 18.0% and a 58.7% success rate. Anmuth covers the Technology sector, focusing on stocks such as Fiverr International, Uber Technologies, and Alphabet Class A. Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $171.52, implying a 77.0% upside from current levels.
https://www.tipranks.com/news/blurbs/j-p-morgan-thinks-spotify-technology-sas-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Spotify Technology (NYSE:SPOT)
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