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Spotify's Potential For Subscriber Growth, Margin Expansion Turns Credit Suisse Bullish
Thursday, September 10, 2020 - 10:18am | 307Spotify Technology (NYSE: SPOT) could outpace the consensus estimates for monthly average users and subscribers through 2021 and has brighter prospects for margin expansion, according to Credit Suisse. The Spotify Analyst: Brian Russo upgraded Spotify from Neutral to Outperform and...
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Analysts Not Worried About Spotify, Say 2020 Will Be An Investment Year
Thursday, February 6, 2020 - 1:11pm | 568Spotify Technology SA (NYSE: SPOT) shares began climbing back Thursday after falling a day earlier following earnings disappointment, and sell-side analysts remained mostly positive on the company's overall outlook and pushed price targets higher. Spotify was off about 6% on Wednesday after the...
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Credit Suisse Upgrades Cheaper Spotify
Wednesday, October 2, 2019 - 10:48am | 309Credit Suisse isn’t ready to add Spotify Technology SA (NYSE: SPOT) stock to its favorites playlist, but it did get less bearish, citing a now much lower share price in coming off its negative rating on Wednesday for a neutral stance. The Analyst Credit Suisse analyst Brian Russo upgraded...
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Investors, Analysts Still Tuned In To Spotify
Friday, August 2, 2019 - 7:45am | 673Swedish music streaming company Spotify Technology SA (NYSE: SPOT) stock rebounded on Thursday after a Wednesday sell-off that followed a bigger-than-expected earnings loss and low subscription numbers. Sell-side analysts also weren’t tuning out Spotify’s long-term prospect,...
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Credit Suisse Thinks Spotify's Expectations Are Too High
Monday, April 1, 2019 - 2:38pm | 396Late last week, Credit Suisse initiated coverage of Spotify Technology SA (NYSE: SPOT) on the bearish side, saying the streaming service needs to “face the music” that expectations for long-term subscriber levels are too high. The Analyst Credit Suisse analyst Brian Russo on Friday...
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Ladenburg Thalmann Initiates Spire With A Neutral Rating, $69 Target
Friday, August 19, 2016 - 9:46am | 380Ladenburg Thalmann has initiated coverage of Spire Inc (NYSE: SR) with a Neutral rating and $69 price target, saying current valuation commensurate with fundamentals. St. Louis, Missouri-based Spire is a public holding company that provides natural gas and related services to areas of Missouri and...