Goldman Sachs’ Spotify Stock Downgrade Isn’t Curbing Other Analysts’ Enthusiasm — $830 and $900 Targets Arrive Ahead of Q3 Earnings Release

Closer to October’s start, Goldman Sachs settled on a neutral Spotify stock (NYSE: SPOT) rating and a reduced target price. But the high-profile downgrade – and the forthcoming exit of Daniel Ek as CEO – hasn’t stopped other analysts from voicing bullish forecasts. Technically, Goldman’s $770 SPOT target marks only a $5 decrease and, perhaps […]