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Fly News Breaks for January 13, 2020
MTCH, LYFT, FB, SPOT
Jan 13, 2020 | 06:29 EDT
Evercore ISI analyst Benjamin Black downgraded Spotify Technology (SPOT) to Underperform from In Line with an unchanged price target of $115. The stock closed Friday down $1.70 to $156.04. The analyst, who views Spotify as a "tool for tactical trading," says the risk/reward with the shares back near $160 has "tilted back in favor of rewarding shorts." Black says Facebook (FB), Lyft (LYFT) and Match Group (MTCH) are his best ideas in Internet.
News For SPOT;FB;LYFT;MTCH From the Last 2 Days
SPOT
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
SPOT
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
SPOT
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
SPOT
Mar 28, 2024 | 10:04 EDT
Universal Music Group (UMGNF) and Spotify (SPOT) announced an expansion of their strategic relationship that will "further amplify music discovery and social interaction and enhance fan experiences across the platform for UMG's family of artists and songwriters." "Under the agreement, Spotify will make available a series of new promotional and social features that will help artists drive interaction and generate excitement around new releases. To start, UMG artists will have the ability to share teasers of upcoming music on Spotify to increase fan engagement and pre-save activity before a new release. Additionally, a new agreement with Universal Music Publishing Group will enable Spotify to distribute music videos in the US, enabling deeper experiences with the songs, the artists, and the songwriters. The companies will continue to explore additional features that allow fans to discover artists and propel virality of new releases. They will share more details about these new tools and how artists, songwriters and fans can leverage them in the near future," the companies stated.
MTCH, SPOT
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here