Pivotal Research analyst Jeffrey Wlodarczak downgraded Spotify (SPOT) to Hold from Buy with a price target of $420, down from $875.
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Read More on SPOT:
- Spotify price target lowered to $760 from $800 at UBS
- Spotify price target lowered to $525 from $615 at Cantor Fitzgerald
- Spotify price target lowered to $750 from $850 at Canaccord
- Spotify price target lowered, reinstated as a Top Pick at Morgan Stanley
- Spotify upgraded to Buy from Accumulate at Inderes
