Morgan Stanley names Spotify a top pick
Morgan Stanley named Spotify Technology a top pick, saying that shares should get a lift from the industry’s superstar year. Shares gained 2.4% on Thursday.
Shares of the company have nearly doubled this year, and could rally another 21% when taking into account higher engagement and ongoing innovation, wrote analyst Benjamin Swinburne.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased