Spotify’s platform potential is undervalued and the shares could surge, Jefferies says

0
154

Spotify is growing into an indispensable service for customers and creators, and its stock price will soon catch up to that reality, Jefferies said in a note to clients.

The investment firm initiated coverage of the audio company with a buy rating, saying that the company should be viewed as a platform rather than one of several competing streaming services.

LEAVE A REPLY

Please enter your comment!
Please enter your name here