Why Is Spotify's Stock Trading Higher Today?

Spotify Technology SPOT shares are trading higher after Pivotal Research upgraded the stock from Hold to Buy and announced a price target of $340 per share.

Spotify is headquartered in Stockholm, Sweden, and is one of the world's largest music streaming service providers, with over 150 million total listeners.

The stock was trading 2% higher at $261.90 at the time of writing. The 52-week high is $387.44 per share while the 52-week low is $139.20 per share.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!