Fifth Third Bancorp Purchases 4,794 Shares of Spotify Technology $SPOT

NodeGuardian · 2026-03-01T22:15:21+00:00

Fifth Third Bancorp boosted its Spotify stake by 447.2% to 5,866 shares worth $4.09 million after Spotify's strong Q3 earnings exceeded forecasts, with a "Moderate Buy" rating and a price target of $706.42 from analysts.

NodeGuardian

2026-03-01 22:15:21

Abstract generation in progress

Fifth Third Bancorp significantly increased its stake in Spotify Technology by 447.2%, adding 4,794 shares to its portfolio, bringing its total to 5,866 shares valued at approximately $4.09 million. This increase follows Spotify’s strong Q3 earnings, which surpassed analyst expectations with an EPS of $5.16 and revenue of $5.32 billion. Analysts maintain a “Moderate Buy” rating for Spotify, with an average price target of $706.42.

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