Guggenheim Downgrades Spotify (SPOT) to Neutral

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Spotify (SPOT) PT Lowered to $135 at Deutsche Bank

January 7, 2019 7:55 AM EST

Deutsche Bank analyst Lloyd Walmsley lowered the price target on Spotify (NYSE: SPOT) to $135.00 (from $152.00) while maintaining a Hold rating.

Walmsley said "... while 61% of streaming market dollar growth over the past five years came from markets where Spotify had leading market... More

Spotify (SPOT) PT Lowered to $171 at Rosenblatt

January 7, 2019 7:13 AM EST

Rosenblatt analyst Mark Zgutowicz lowered the price target on Spotify (NYSE: SPOT) to $171.00 (from $178.00) while maintaining a Buy rating.

Zgutowicz estimates nearly 102M, or 2% of todays OUS popula-tion excluding China and India subscribe to a paid music service, of which Spotify users... More