In a report released today, Brian White from Monness maintained a Buy rating on Spotify Technology SA (SPOT), with a price target of $200. The company’s shares closed yesterday at $147.24.
According to TipRanks.com, White is a top 25 analyst with an average return of 27.1% and a 76.7% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
Spotify Technology SA has an analyst consensus of Moderate Buy, with a price target consensus of $168.09.
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The company has a one-year high of $198.99 and a one-year low of $103.29. Currently, Spotify Technology SA has an average volume of 1.63M.
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Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company enables on-demand streaming of audio content and aim to combat music piracy by offering a user experience, while monetizing licensed content with an ad-supported, free-to-the-user model and a premium, paid model.
