Monness, Crespi, Hardt Downgrades Spotify (SPOT) to Neutral, 'darkest days of this downturn are ahead of us'

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Spotify's (SPOT) 'darkest days of this downturn are ahead' - Monness Crespi Hardt

September 28, 2023 10:09 AM EDT

Spotify (NYSE: SPOT) was cut to Neutral from Buy at Monness Crespi Hardt in a note Thursday, with analyst Brian White not assigning the stock a price target.

White told investors that after a sharp rally and with the Spotify price... More

Report states Spotify (SPOT) 'Supremium' tier to be $19.99 and include AI playlist creation

September 26, 2023 9:28 AM EDT

Users of Spotify's (NYSE: SPOT) rumored "Supremium" tier will be offered 24-bit Lossless music and the capacity to make playlists with artificial intelligence, a report stated on Tuesday.

The plan is said to start at a monthly subscription price of $19.99, Music Business... More