Monness, Crespi, Hardt Downgrades Spotify Technology to Neutral
Portfolio Pulse from Benzinga Newsdesk
Monness, Crespi, Hardt analyst Brian White has downgraded Spotify Technology (NYSE:SPOT) from Buy to Neutral.
September 28, 2023 | 2:12 pm
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NEGATIVE IMPACT
Spotify Technology has been downgraded from Buy to Neutral by Monness, Crespi, Hardt analyst Brian White.
The downgrade from Buy to Neutral by a well-known analyst could potentially lead to a decrease in the stock price of Spotify Technology in the short term as it may influence investor sentiment and decision making.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100