Following Weak Trading, Goldman Sachs Cuts Spotify’s Price Objective

Can Spotify turn things around and meet analysts’ lofty expectations? Late last month, Spotify’s stock hit a new low. Scraping at $131, the company’s share price ultimately closed at $141.68. Keep in mind the streaming music giant had reached a high of $198.99 just four months earlier. Despite stock prices reaching historic lows, major investment […]

The post Following Weak Trading, Goldman Sachs Cuts Spotify’s Price Objective appeared first on Digital Music News.

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