Shares of Spotify (NYSE: SPOT) jumped 10% on Thursday, following bullish comments by a respected analyst team.
Goldman Sachs analyst Heath Terry reiterated his buy rating for Spotify's shares and lifted his target price from $205 to $280. That represents potential gains for investors of roughly 15% from the stock's closing price on Wednesday, and about 5% following the stock's gains on Thursday.
Shares of Spotify rose sharply on Thursday. Image source: Getty Images.
Source Fool.com