News Formal

Spotify Reports Earnings Tuesday. Here's What's Top of Mind for One Analyst Team.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

TD Cowen analysts initiated coverage of shares of music-streaming platform Spotify at Neutral with a $129 price target.

Spotify Technology is a key player in the music industry, but it faces competitive challenges, one analyst team said as it initiated coverage of the music-streaming platform ahead of earnings.

“While we expect Spotify to continue to grow revenue at double digits and enjoy margin improvement over time, we think current valuation already discounts in a fairly optimistic financial trajectory,” TD Cowen analysts wrote. In the past, entertainment platforms have carved a space through exclusive content, but within the music sphere, almost all of the content is owned by record labels, they added.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Earnings playbook: How to trade a busy week of reports from companies including Microsoft and MetaBig Tech takes center stage in what could be a make-or-break week for S&P 500 earnings.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

The week ahead: Bond yields and earnings reportsThe 10-year US Treasury yield continues its march towards 5%, the yield surged by 30 basis points last week, which triggered a decline in risky assets
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

Morgan Stanley's Wilson: Next rally attempt will fail as investors are punishing earnings reports.Critical information for the U.S. trading day
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Tech's Biggest Earnings Week Is HereMicrosoft and Alphabet kick off a big week of Big Tech earnings Tuesday.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings EyedCorporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 in the coming week.
Fonte: DailyFX - 🏆 305. / 63 Consulte Mais informação »

Meta, Amazon Earnings Put Stock Market to the TestA slide in Tesla shares suggests traders have little patience for disappointing results
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »