Bank of America has raised its stock price target for Spotify from $185 to $190, indicating increased confidence in the company's performance and future prospects. This adjustment reflects a positive outlook on Spotify's market position and potential growth. The revised target suggests that analysts at Bank of America see value in Spotify's current trajectory, possibly due to recent developments or financial results. While the increase is modest, it signals a favorable reassessment compared to the previous target. This update may influence investor sentiment and trading activity related to Spotify's shares. Overall, the raised price target underscores optimism about Spotify's ability to deliver value to shareholders.