Spotify Smashes Gross Margin Guidance, Analysts Expect 'Continued Momentum'
SPOTSpotify(SPOT) Benzinga·2024-07-25 00:34

Shares of Spotify Technology SA SPOT climbed in early trading on Wednesday, after the company reported its second-quarter results.The results came amid an exciting earnings season. Here are some key analyst takeaways.Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating, while raising the price target from 380to380 to 430.Goldman Sachs analyst Eric Sheridan upgraded the rating from Neutral to Buy, while lifting the price target from 320to320 to 425.JPMorgan analyst Doug Anmuth reiterated an Overwei ...