Spotify Announces CFO Transition March 31, 2024
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Spotify (SPOT) price target doubled at Rosenblatt as 'margin reset looks real, and powerful'
December 11, 2023 2:26 PM EST(Updated - December 11, 2023 2:49 PM EST)
Spotify (NYSE: SPOT) shares were raised to Buy from Neutral at Rosenblatt Securities on Monday, with the firm also doubling its price target for the stock to $300 from $150 per share.
Analysts at the investment firm headlined their research note with the statement that Spotify's margin reset "looks real, and powerful."
"Spotify's large-scale restructuring last week --... More
