Wells Fargo sees outperformance from Spotify ahead.
These are all the components of a premium growth stock."
"We think SPOT is viewed as a positive actor due to its investments in [user interface] and cont'd sub growth," the analyst said.
"More likely, we think SPOT and its Label partners could look to find new avenues of monetization, which might incl.
SPOT YTD mountain SPOT, year-to-date The stock moved nearly 1% after Cahall's call.
Persons:
Wells, Steven Cahall
Organizations:
Spotify