Spotify (SPOT) Misses Q2 EPS by 90c, beats on monthly active users
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Deutsche Bank Upgrades Spotify (SPOT) to Buy, 'Selloff Overdone'
July 26, 2023 6:12 AM EDTDeutsche Bank analyst Benjamin Black upgraded Spotify (NYSE: SPOT) from Hold to Buy with a price target of $180.00.
The analyst comments "After the YTD rally, very crowded long positioning, and with the pricing catalyst now in the rearview mirror, we think investors are taking a "shoot first, ask questions later" approach. However, we came away from the print modestly more constructive, as top-of-funnel metrics... More
