Spotify's high payroll taxes hurt profit, shares slide
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Spotify (SPOT) PT Lowered to $635 at Raymond James
April 29, 2025 12:35 PM EDTRaymond James analyst Andrew Marok lowered the price target on Spotify (NYSE: SPOT) to $635.00 (from $650.00) while maintaining a Outperform rating.
The analyst comments "We reiterate our Outperform rating and move our price target to $635 after Spotify reported a mixed 1Q25. While some... More
