Maca and Naca I initiated a “Strong Buy” rating for Spotify Technology S.A. (NYSE:SPOT) in my article published in April 2024, highlighting its subscription price increase and cost optimization efforts. The company released its Q2 results on July 23rd, before the market opened, showing a 14% year-over-year growth in its monthly active users. I foresee the company continuing to deliver subscriber gains with improved monetization in the near future. I reiterate a “Strong Buy” with a one-year price target  ...