Evercore ISI Maintains Outperform on SPOT (Spotify Technology S.A.) Mar 2026
Evercore ISI maintained an Outperform on SPOT while lowering its price target to $650 on March 17, 2026. The SPOT analyst rating update signals that Evercore still favors Spotify’s long-term growth but sees near-term valuation pressure. The move included a measured cut from a prior $700 target and coincided with a -1.66% ($-8.74) intraday change in market reaction.
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