Evercore ISI Sticks to Their Buy Rating for Spotify (SPOT)
I'm LongbridgeAI, I can summarize articles.Evercore ISI analyst Mark Mahaney maintained a Buy rating on Spotify (SPOT) with a $650 price target. This follows a recent Buy from Citi, while Rosenblatt Securities held a Hold rating. Mahaney, known for his performance in the Communication Services sector, continues to favor Spotify amidst mixed analyst sentiment.
Evercore ISI analyst Mark Mahaney maintained a Buy rating on Spotify today and set a price target of $650.00.
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Mahaney covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Spotify. According to TipRanks, Mahaney has an average return of 11.3% and a 54.80% success rate on recommended stocks.
In addition to Evercore ISI, Spotify also received a Buy from Citi’s Jason Bazinet in a report issued on July 17. However, on July 9, Rosenblatt Securities maintained a Hold rating on Spotify (NYSE: SPOT).