Cutting Price Target, Morgan Stanley Maintains Spotify’s ‘Overweight’ Rating

Could podcasts hold the key for Spotify in the streaming music wars? In the second half of 2018, Spotify’s stock had a difficult time. From peaking at $196.28 on July 26th, the company has faced a downward slide. Over the past few months, multiple big-name analysts and firms have slashed their price targets. Nearing record […]

The post Cutting Price Target, Morgan Stanley Maintains Spotify’s ‘Overweight’ Rating appeared first on Digital Music News.

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