Top Analyst Downgrades Spotify to ‘HOLD,’ Citing Slower Consumer Interest

Last week, Spotify was upgraded to BUY by several analysts, all of whom predicted that the stock price would rise to above $200 ahead of the company’s next earnings report.  But not everyone is so bullish — especially as soggier news comes in. Now, Pivotal Research Group has issued a downgrade to the stock’s performance, citing […]

The post Top Analyst Downgrades Spotify to ‘HOLD,’ Citing Slower Consumer Interest appeared first on Digital Music News.

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