Analyst Jason Helfstein upgraded the music streaming giant to outperform from perform and set a price target that implies almost 19% upside.
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Key catalysts, including the potential for more price hikes, are driving analyst Jason Bazinet’s upgrade.
Spotify is poised to grow as it makes a bid to attract more active users to its free and premium tier subscriptions, Morgan…
The investment firm upgraded the streaming platform to overweight from neutral.
The Spotify and Chipotle buys came amid rough quarters for the stocks.
The investment firm upgraded the streaming platform to buy from hold.
The streaming platform had 281 million premium subscribers for the quarter, coming in just below StreetAccount expectations.
