Spotify Technology S.A. Announces Financial Results for Fourth Quarter 2018
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Spotify (SPOT) PT Lowered to $136 at Deutsche Bank; 'Podcasts not Netflix 2.0'
February 7, 2019 7:55 AM ESTDeutsche Bank analyst Lloyd Walmsley lowered the price target on Spotify (NYSE: SPOT) to $136.00 (from $138.00) while maintaining a Hold rating following results and two potcast acqusitions.
"We think podcasting makes sense to bring more unique content to the platform and drive engagement / lower... More
Spotify (SPOT) PT Lowered to $170 at Macquarie
February 6, 2019 2:03 PM ESTMacquarie analyst Amy Yong lowered the price target on Spotify (NYSE: SPOT) to $170.00 (from $175.00) while maintaining a Outperform rating.
Yong highlighted:
This question likely weighed on everyones mind this morning. The reaction reflected concerns around its ability to monetize... MoreSpotify (SPOT) PT Lowered to $190 at RBC Capital
February 6, 2019 1:35 PM ESTRBC Capital analyst Mark Mahaney lowered the price target on Spotify (NYSE: SPOT) to $190.00 (from $200.00) while maintaining a Outperform rating.
The analyst notes the company posted Q4 results in-line to modestly above the Street, but provided Q1 & FY19 guidance missing the Street... More
Spotify (SPOT) Q4 Revenues Rise 30% to EUR1.495 Billion; Offers Q1 & FY19 Revenue Guidance
February 6, 2019 6:11 AM ESTSpotify (NYSE: SPOT) reported Q4 EPS of EUR0.36 per share, versus a loss of EUR3.87/share last year. Revenue for the quarter came in rose 30% to EUR1.5 billion versus the consensus estimate of EUR1.5 billion.
Q1 2019 Guidance:
Total Monthly Active Users (MAU):... More