Users Refuse to Give Up On Spotify, So Does Wall Street
Spotify(SPOT) MarketBeat·2024-04-24 10:06
Key PointsSpotify's earnings show a sticky customer base, choosing to pay for Premium despite high inflation. Being a contrarian bet, Wall Street thinks the company's newfound profitability is only the beginning of a new trend.Market valuations, EPS projections, and even price targets all point to this stock being a sector favorite.5 stocks we like better than Morgan StanleyEven a year of uncertainty and higher-than-average inflation rates posed no match for the U.S. consumer. Shares of Spotify Technology N ...