Spotify Technology S.A. Announces Financial Results for Second Quarter 2018
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Spotify (SPOT) PT Raised to $215 at RBC Capital
July 26, 2018 3:31 PM EDTRBC Capital raised its price target on Spotify (NYSE: SPOT) to $215.00 (from $210.00) while maintaining an Outperform rating.
Analyst Mark Mahaney said while results were roughly in-line, the most important metrics - paid subs and gross margins - both outperformed.
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