Spotify profit margins squeezed by slow ad growth; stock sinks
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Spotify (SPOT) PT Lowered to $140 at Citi
October 26, 2022 12:32 PM EDTCiti analyst Jason Bazinet lowered the price target on Spotify (NYSE: SPOT) to $140.00 (from $145.00) while maintaining a Buy rating.
... MoreSpotify (SPOT) PT Lowered to $115 at Jefferies
October 26, 2022 7:55 AM EDTJefferies analyst Andy Uerkwitz lowered the price target on Spotify (NYSE: SPOT) to $115.00 (from $140.00) while maintaining a Buy rating.
The analyst commented, "We continue to see positive developments: subs beat, users beat, 2-way marketplace is working, and advertiser growth on podcasts is up.... More
