Spotify‘s third quarter earnings report is out, and the streaming audio giant’s results are in-line with analysts’ forecasts. Furthermore, even with price increases across 50 global markets, subscriber growth guidance for Q4 ’23 looks sharp.
As such, a key Wall Street observer has raised his year-end 2023 target price on the company’s stock to a level that is 199% higher than Audacy and 194.2% greater than iHeartMedia.
