Deutsche Bank Raises UMG Valuation 45% To $33 Billion As Sales Search Continues
Deutsche Bank has raised its valuation of Universal Music Group 45% to $33.19 billion, up from a previous $22.86 billion. That values UMG higher than the market capitalization of its. Continue reading
Top Analysts Cut Spotify [NYSE: SPOT] Stock Price Target, See Rough Ride Ahead
Four top stock analysts have shifted to a bearish outlook for Spotify (NYSE: SPOT). Monday, Guggenheim, Deutsche Bank, Stifel and Nomura reset their target prices to $120, $135, $170 and. Continue reading
Spotify (SPOT) Stock To Rise Up To 80%, says Top Analyst, Sees “Music Industry As Highly Investable”
UPDATED: Spotify stock will rise to $200 within the next 12 months, according to top analyst Rob Sanderson of MKM Partners. Spotify (SPOT) stock was trading at $110.96 in pre-market. Continue reading
Spotify Stock Hits All Time Low And It’s Going To Go Lower [NASDAQ: SPOT]
Spotify stock closed down 4.14% on Thursday at $114.54, it's lowest closing price ever. A down market may be accelerating the streamer's decline, but as Chris Castle dove into Spotify's. Continue reading
Spotify Sees $1.5B Tencent Windfall As Stock Hits New Low (NASDAQ: SPOT)
The value of Spotify's stake in Tencent Music nearly double when the Chinese music streamer went public on the New York Stock Exchange last week. Spotify's windfall could top $1.5. Continue reading
Spotify To Rise 60% say 33 Top Analysts as Stock Hits New Low, Sheds $12B Value (NASDAQ:SPOT)
Spotify stock closed at $125.68 on Friday, ticking up slightly from an all time day-end low of $125.55 the day before. In late July, Spotify's stock was soaring at $196.28,. Continue reading
Tencent Music Sets 2018 U.S. IPO, Spotify Could Net $2B
After speculation that Tencent Music would delay its IPO until 2019, the streamer filed paperwork Monday to move forward with a U.S. stock offering before the end of 2018. The. Continue reading
Spotify Stock Ready To Rebound After All-Time Low
Spotify stock was up 2.31% to $132.70 in pre-market trading on Wednesday, after hitting an all time of $120.49 on Tuesday. The streamer's apparent recovery began on Tuesday afternoon, with. Continue reading
STOCK WATCH: Eventbrite, Spotify and Snap
With more music and music related stock traded on the public markets, Hypebot is stepping up its coverage of the markets, quarterly reports and earnings calls. Here, with a help. Continue reading
Spotify Stock Hits All Time Low After Analysts Downgrade
Spotify stock fell 4.89% on Monday, closing the day at $131.13. That leaves the streamer with a market cap of just under $24 billion. At one point in the day,. Continue reading
