Spotify (SPOT) Price Target Cut at BofA, Analyst Sees the Joe Rogan Controversy as a Rising Concern for Investors

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Go back to Spotify (SPOT) Price Target Cut at BofA, Analyst Sees the Joe Rogan Controversy as a Rising Concern for Investors

Spotify (SPOT) PT Lowered to $262 at BofA Securities

February 8, 2022 8:35 AM EST

BofA Securities analyst Jessica Reif Ehrlich lowered the price target on Spotify (NYSE: SPOT) to $262.00 (from $352.00) while maintaining a Buy rating.

... More

Spotify (SPOT) PT Lowered to $200 at Guggenheim

February 8, 2022 6:18 AM EST

Guggenheim analyst Michael Morris lowered the price target on Spotify (NYSE: SPOT) to $200.00 (from $250.00) while maintaining a Buy rating.... More

Spotify (SPOT) Stock Tanks on Continued Joe Rogan Controversy

February 7, 2022 11:57 AM EST

It was reported over the weekend that Spotifys (NYSE: SPOT) founder and CEO Daniel Ek sent a letter to his staff condemning the racial slurs made by a popular podcaster Joe Rogan, as reported by Reuters.

The compilation video of Rogan saying the N-word repeatedly started circulating the net, making the famous mixed martial arts commentator issue a second apology video in one week.

Ek agreed with Rogan to remove some of the past podcast episodes in mention, but refused to completely remove him from the platform.... More