UBS Starts Spotify (SPOT) at Buy

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BofA/Merrill Lynch Starts Spotify (SPOT) at Buy, Says Co Has Material Runway With Revenues and Margin Potential

April 30, 2018 8:10 AM EDT

BofA/Merrill Lynch initiates coverage on Spotify (NYSE: SPOT) with a Buy rating and a price target of $195.00.

For an analyst ratings summary and ratings history on Spotify click here. For more ratings news on Spotify click here.

Shares of Spotify closed at $159.98 Friday.

... More

Evercore ISI Starts Spotify (SPOT) at Outperform

April 30, 2018 7:48 AM EDT

Evercore ISI initiates coverage on Spotify (NYSE: SPOT) with a Outperform rating and a price target of $190.00.

For an analyst ratings summary and ratings history on Spotify click here. For more ratings news on Spotify click here.

Shares of Spotify closed at $159.98 Friday.

... More

UPDATE: Morgan Stanley Starts Spotify (SPOT) at Buy

April 30, 2018 6:28 AM EDT

(Updated - April 30, 2018 6:33 AM EDT)

(updated to correct firm name)

Morgan Stanley initiates coverage on Spotify (NYSE: SPOT) with a Buy rating and a price target of $190.00.

For an analyst ratings summary and ratings history on Spotify... More

JPMorgan Starts Spotify (SPOT) at Overweight

April 30, 2018 4:47 AM EDT

JPMorgan initiates coverage on Spotify (NYSE: SPOT) with a Overweight rating and a price target of $190.00.

Analyst Doug Anmuth expects the company's valuation multiple to grow for multiple years noting the secular shift toward streaming and SPOT's market leadership. He offers the... More

Goldman Sachs Starts Spotify (SPOT) at Buy

April 30, 2018 4:23 AM EDT

Goldman Sachs initiates coverage on Spotify (NYSE: SPOT) with a Buy rating and a price target of $190.00.

Analyst Heath Terry favors the company's position as a leader in the global music revolution. He notes the company has nearly twice the amount of... More