Spotify (SPOT) Coverage Initiated by Analysts at Stifel Nicolaus

Stifel Nicolaus assumed coverage on shares of Spotify (NASDAQ:SPOT) in a research report sent to investors on Thursday morning, MarketBeat.com reports. The firm issued a buy rating and a $180.00 target price on the stock.

A number of other analysts have also issued reports on SPOT. MKM Partners initiated coverage on Spotify in a research note on Thursday, March 29th. They set a buy rating and a $200.00 price objective on the stock. Guggenheim initiated coverage on Spotify in a research note on Tuesday. They set a buy rating and a $175.00 price objective on the stock. Gabelli initiated coverage on Spotify in a research note on Tuesday. They set a hold rating and a $130.00 price objective on the stock. Royal Bank of Canada initiated coverage on Spotify in a research note on Thursday, March 29th. They set an outperform rating and a $220.00 price objective on the stock. Finally, Atlantic Securities initiated coverage on Spotify in a research note on Wednesday, March 28th. They set an overweight rating on the stock. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $184.17.

How to Become a New Pot Stock Millionaire

Shares of SPOT traded up $4.51 during mid-day trading on Thursday, hitting $148.50. The stock had a trading volume of 3,451,442 shares, compared to its average volume of 13,137,706. Spotify has a 52 week low of $135.51 and a 52 week high of $169.00.

ILLEGAL ACTIVITY WARNING: “Spotify (SPOT) Coverage Initiated by Analysts at Stifel Nicolaus” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3336037/spotify-spot-coverage-initiated-by-analysts-at-stifel-nicolaus.html.

About Spotify

Spotify Technology SA is an innovative digital music service offering music fans instant access to a world of music. The company enables on-demand streaming of audio content and aim to combat music piracy by offering a user experience, while monetizing licensed content with both an ad-supported, free-to-the-user model and a premium, paid model.

Analyst Recommendations for Spotify (NASDAQ:SPOT)

Receive News & Ratings for Spotify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spotify and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Analysts Anticipate First Industrial Realty Trust, Inc.  Will Announce Earnings of $0.38 Per Share
Analysts Anticipate First Industrial Realty Trust, Inc. Will Announce Earnings of $0.38 Per Share
TPI Composites  Expected to Announce Earnings of $0.03 Per Share
TPI Composites Expected to Announce Earnings of $0.03 Per Share
Brokerages Expect Kinsale Capital Group  to Announce $0.36 Earnings Per Share
Brokerages Expect Kinsale Capital Group to Announce $0.36 Earnings Per Share
President Trump  Market Capitalization Reaches $0.00
President Trump Market Capitalization Reaches $0.00
EDRCoin  Tops 24 Hour Volume of $2,782.00
EDRCoin Tops 24 Hour Volume of $2,782.00
WCOIN  Price Hits $0.0991 on Exchanges
WCOIN Price Hits $0.0991 on Exchanges


© 2006-2018 Ticker Report. Google+.