Spotify (NYSE:SPOT) stock has an average rating of 1.69 (Buy) from the twenty one analysts that cover the company, according to Zacks Investment Research. Only one analyst has rated the streamer with a strong sell rating, five assigned a hold rating, one a buy and fourteen a strong buy rating.
Since Monday’s earnings report, analysts have set a twelve-month consensus target for Spotify of $188, a 38% increase.
Spotify stock was trading in the $136 range on Wednesday.
