Spotify (SPOT) volatility elevated into less than expected Q1 results

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Guggenheim Remains Bullish on Spotify (SPOT) Following 1Q

May 3, 2018 6:57 AM EDT

Guggenheim reiterated a Buy rating and $175.00 price target on Spotify (NYSE: SPOT) following the company's 1Q earnings report. Spotify reported earnings in line with the company's guidance provided on 3/26. In addition, the company provided a 2Q18 outlook and left full-year guidance... More