TD Cowen raised the firm’s price target on Spotify (SPOT) to $416 from $356 and keeps a Hold rating on the shares. The firm said they reported Q3 results that were in-line with estimates on users and slightly missed on revenue due to FX headwinds.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPOT:
- ValueAct’s $1B Stake in Meta Platforms is a Constructive Not Activist Bet
- Spotify price target raised to $530 from $425 at JPMorgan
- Spotify price target raised to $460 from $430 at Morgan Stanley
- Spotify price target raised to $520 from $490 at KeyBanc
- Spotify Reports Robust Revenue Growth in Q3 2024