Spotify (SPOT) Reports Q3 EPS of EUR0.23

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Go back to Spotify (SPOT) Reports Q3 EPS of EUR0.23

Spotify (SPOT) PT Lowered to $200 at RBC Capital

November 1, 2018 3:40 PM EDT

RBC Capital analyst Mark Mahaney lowered the price target on Spotify (NYSE: SPOT) to $200.00 (from $215.00) while maintaining an Outperform rating following in-line Q3 results but slightly lowered its Q4 Premium Subs and Gross Margin guidance.

Keys for the quarter, according to Mahaney:

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