UBS lowered the firm’s price target on Spotify (SPOT) to $760 from $800 and keeps a Buy rating on the shares. Spotify is executing against the AI overhang, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPOT:
- 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
- Spotify price target lowered to $720 from $750 at Guggenheim