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.