---
title: "This Spotify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280628849.md"
description: "Analysts have initiated coverage on several stocks with positive ratings. Benchmark analyst Michael Rindos rated Compass Inc (NYSE:COMP) as Buy with a target of $14, Frontdoor Inc (NASDAQ:FTDR) as Buy with a target of $80, and AppFolio Inc (NASDAQ:APPF) as Buy with a target of $222. Daiwa Capital's Jonathan Kees rated Spotify Technology SA (NYSE:SPOT) as Buy with a target of $535. Rindos also rated eXp World Holdings Inc (NASDAQ:EXPI) as Buy with a target of $8. Analysts view SPOT stock positively."
datetime: "2026-03-26T12:12:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280628849.md)
  - [en](https://longbridge.com/en/news/280628849.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280628849.md)
generator: "portal-rs"
---

# 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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- [EXPI.US](https://longbridge.com/en/quote/EXPI.US.md)
- [IXN.US](https://longbridge.com/en/quote/IXN.US.md)
- [APP.US](https://longbridge.com/en/quote/APP.US.md)
- [FTDR.US](https://longbridge.com/en/quote/FTDR.US.md)
- [IGV.US](https://longbridge.com/en/quote/IGV.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [COMP.US](https://longbridge.com/en/quote/COMP.US.md)
- [SPOT.US](https://longbridge.com/en/quote/SPOT.US.md)
- [AGNT.US](https://longbridge.com/en/quote/AGNT.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**