Zacks Investment Research Drastically Downgrades Spotify from ‘Strong Buy’ to ‘Hold’

Digital Music News Paul Resnikoff

Spotify became a less-certain bet on Wall Street this morning, thanks to a pronounced downgrade by Zacks Investment Research. Shares of Spotify (NYSE: SPOT) have recovered somewhat over the past few days, though nagging profitability concerns are dragging overall performance.  Now, another leading Wall Street analyst is saying it out loud. In a note shared […]

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Paul Resnikoff