Cantor Fitzgerald revises targets for Shopify, Booking and Spotify
Cantor Fitzgerald kept Neutral ratings on Shopify, Booking Holdings and Spotify, raising Shopify’s target while cutting the targets for the other two companies.
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what happened
Dow Jones Newswires reported that Cantor Fitzgerald maintained its Neutral rating on Shopify shares. At the same time, the firm raised its price target to $158.00 a share from $145.00.
Cantor Fitzgerald also kept Booking Holdings at Neutral, but reduced its target to $170.00 a share from $220.00. Spotify Technology remained rated Neutral, while its target was lowered to $490.00 from $530.00.
Benzinga published the rating actions at 11:14, 11:21 and 11:22 GMT, respectively.
why it matters
The target changes show that analysts have revised their valuation benchmarks for three major companies. Because all three Neutral ratings were maintained, the report contains no change to the underlying recommendation; the updates may nevertheless matter for market sentiment around the shares.
instruments
sources
- Shopify Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 12 October 2026 at 11:21 UTC
- Booking Holdings Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 12 October 2026 at 11:14 UTC
- Spotify Technology Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 12 October 2026 at 11:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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