Goldman Sachs Maintains Buy Rating on Spotify Technology at $655

Goldman Sachs analyst Eric Sheridan has maintained his buy rating for Spotify Technology (SPOT.US), keeping the target price at $655. According to TipRanks, an independent third-party provider of analysis data from financial analysts, Sheridan has a success rate of 51.1% and a total average return of 7.3% over the past year.

Sheridan's ratings are based on the performance of TipRanks' virtual portfolio, which adjusts according to changes in his preliminary rating. The analyst has been ranked by TipRanks with a star level, which is representative of all recommendations from an analyst and determined by their total success rate and average return.