Spotify (SPOT) Plunges 9% on Weak Total Users Figures But Growth Thesis Remains Intact Says Analyst

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Buy Spotify (SPOT) on Selloff - Monness, Crespi, Hardt

April 28, 2021 12:41 PM EDT

Monness, Crespi, Hardt analyst Brian J. White reiterated a Buy rating and $380.00 price target on Spotify (NYSE: SPOT) following earnings and the related selloff. White sees the selloff as another attractive buying opportunity.

The analyst commented, "This morning, Spotify reported healthy 1Q:21 results... More