Spotify shares jump on bullish outlook as more users tune in

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Spotify (SPOT) PT Raised to $140 at Monness, Crespi, Hardt

January 31, 2023 1:12 PM EST

Monness, Crespi, Hardt analyst Brian White raised the price target on Spotify (NYSE: SPOT) to $140.00 (from $115.00) while maintaining a Buy rating following earnings.

The analyst commented, "Spotify reported healthy 4Q:22 results with a big MAU beat and issued a respectable 1Q:23 outlook. Spotify... More