Christian Luiga Named Spotify Chief Financial Officer
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Netflix, Spotify targets raised at JPMorgan ahead of earnings
April 8, 2024 11:49 AM EDTJPMorgan raised its price target for Spotify (NYSE: SPOT) to $320 from $280 and Netflix (NASDAQ: NFLX) to $650 from $610 per share in a note Monday, maintaining an Overweight rating on both ahead of their earnings releases.
For Spotify,... More
Spotify (SPOT) PT Raised to $320 at JPMorgan
April 8, 2024 5:59 AM EDTJPMorgan analyst Doug Anmuth raised the price target on Spotify (NYSE: SPOT) to $320.00 (from $280.00) while maintaining a Overweight rating.
The analyst comments "Heading into 1Q earnings on Tuesday, 4/23, we remain bullish on Spotify. Were confident that SPOT can deliver revenue growth acceleration, sequential Gross & Operating Margin expansion, & meaningfully higher FCF in 2024. Spotify entered 2024 with strong momentum across users/subscribers, & we now project 2024 Net Adds of 82M for MAUs & 27M for Premium... More
Spotify (SPOT) target raised to new Street high at Pivotal Research
April 5, 2024 11:13 AM EDTAnalysts at Pivotal Research raised the Spotify (NYSE: SPOT) price target tp $390 from $330 per share in a note Friday, maintaining a Buy rating on the stock.
The research firm said the increase of the already Street high target was driven by... More
Spotify (SPOT) PT Raised to Street High $390 at Pivotal Research
April 5, 2024 6:02 AM EDTPivotal Research analyst Jeffrey Wlodarczak raised the price target on Spotify (NYSE: SPOT) to $390.00 (from $330.00) while maintaining a Buy rating.
The analyst comments "We are raising our already Street High $330 YE24 target price $60 to $390 driven primarily by higher premium and to a lesser... More
