An analyst at Swiss investment bank and financial services company UBS has downgraded his rating of Spotify’s stock from “buy” to “sell,” in addition to setting a target price that’s over $65 less than SPOT’s current value. UBS internet research analyst Eric J. Sheridan announced his Spotify stock-rating drop – and notable target price – […]
The post UBS Analyst Issues Sharp Spotify Downgrade — From ‘Buy’ to ‘Sell’ appeared first on Digital Music News.