Form SC 13G/A Spotify Technology S.A. Filed by: BAILLIE GIFFORD & CO

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Go back to Form SC 13G/A Spotify Technology S.A. Filed by: BAILLIE GIFFORD & CO

Spotify (SPOT) raised at UBS as gross margins on track for steady improvement

January 30, 2024 8:18 AM EST

Shares of Spotify (NYSE: SPOT) rose over 1% after UBS upgraded the stock to Buy from Neutral in a note Tuesday, lifting the price target to $274 from $170 per share.

Analyst Batya Levi told investors that the stock still has room to run as its... More