Spotify (SPOT) PT Raised to $165 at Cascend Securities

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Spotify (SPOT) PT Raised to $195 at RBC Capital

October 28, 2019 12:29 PM EDT

RBC Capital analyst Mark Mahaney raised the price target on Spotify (NYSE: SPOT) to $195.00 (from $185.00) while maintaining a Outperform rating following results.

The analyst commented, "Spotify posted a Modest Beat & Bracket Q3 with the big upsides being Gross Margin, Operating Income & MAUs.... More