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
