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Fly News Breaks for August 1, 2019
SPOT
Aug 1, 2019 | 08:42 EDT
As previously reported, Loop Capital analyst Alan Gould upgraded Spotify to Hold and raised his price target to $150 from $125. The analyst said the company's Q2 marked "another good quarter" as it reached renewal deals with 2 of 4 major labels for global recording. Gould adds that Spotify's current valuation relative to other "high growth" internet stocks reflects its competitive position, also citing the CEO recent warrant exercise to buy an additional 800K shares.
News For SPOT From the Last 2 Days
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
SPOT
Mar 26, 2024 | 12:26 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here
SPOT
Mar 26, 2024 | 05:40 EDT
BofA added Spotify (SPOT) to its US 1 List while removing Netflix (NFLX). The list is a collection of the firm's best ideas.