This Spotify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Benchmark analyst Michael Rindos initiated coverage on Compass Inc (NYSE:COMP) with a Buy rating and announced a price target of $14. Compass shares closed at $7.92 on Wednesday. See how other analysts view this stock.
• Benchmark analyst Michael Rindos initiated coverage on Frontdoor Inc (NASDAQ:FTDR) with a Buy rating and announced a price target of $80. Frontdoor shares closed at $57.74 on Wednesday. See how other analysts view this stock.
• Daiwa Capital analyst Jonathan Kees initiated coverage on Spotify Technology SA (NYSE:SPOT) with a Buy rating and announced a price target of $535. Spotify shares closed at $473.21 on Wednesday. See how other analysts view this stock.
• Benchmark analyst Michael Rindos initiated coverage on AppFolio Inc (NASDAQ:APPF) with a Buy rating and announced a price target of $222. AppFolio shares closed at $158.57 on Wednesday. See how other analysts view this stock.
• Benchmark analyst Michael Rindos initiated coverage on eXp World Holdings Inc (NASDAQ:EXPI) with a Buy rating and announced a price target of $8. eXp World shares closed at $6.08 on Wednesday. See how other analysts view this stock.

Considering buying SPOT stock? Here’s what analysts think:

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