Spotify Shares Rise Nearly 3% After Jefferies Raises Price Target
Jefferies raised its Spotify price target to $620 from $600 and maintained a Buy rating ahead of the company’s third-quarter results.
Spotify Technology NYSE:SPOT shares climbed nearly 3% in morning trading Tuesday after Jefferies lifted its price target to $620 from $600 while maintaining a Buy rating ahead of the company's third-quarter results, according to analyst notes issued Tuesday.Jefferies analyst James Heaney cited mode…