Form 6-K Spotify Technology S.A. For: Jul 23
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Spotify (SPOT) PT Raised to $399 at Rosenblatt
July 24, 2024 6:37 AM EDTRosenblatt analyst Barton Crockett raised the price target on Spotify (NYSE: SPOT) to $399.00 (from $396.00) while maintaining a Buy rating.
The analyst comments " Key Variances -- Revenues of 3,807 million matched guidance, but rose only 21% Y/Y constant currency, versus guidance for 22%. Premium subs grew 7... More
Spotify (SPOT) PT Raised to $420 at Evercore ISI
July 23, 2024 2:13 PM EDTEvercore ISI analyst Mark Mahaney raised the price target on Spotify (NYSE: SPOT) to $420.00 (from $340.00) while maintaining a Outperform rating.
The analyst comments "Our View: We reiterate our Outperform, materially raise our estimates and our PT from $340 to $420 in the wake of BottomLine Beat & Raise Q2 EPS results. Like Netflix, Spotify is proving that great product innovation and declining competitive intensity can translate... More
Citi Reiterates Neutral Rating on Spotify (SPOT), PT $310
July 23, 2024 7:29 AM EDTCiti analyst Jason Bazinet reiterated a Neutral rating and $310.00 price target on Spotify (NYSE: SPOT).
The analyst comments "Spotify reported 2Q24 revenue a tad below the Street, while gross margins and operating income exceeded consensus estimates. Premium net adds were modestly above... More
