Barclays lowered the firm’s price target on Spotify (SPOT) to $700 from $750 and keeps an Overweight rating on the shares following the earnings report. The firm says 2025 has been a year of investment and resets in some businesses for Spotify, which resulted in the growth model having some headwinds. However, some of the issues will start to ease in Q4, the analyst tells investors in a research note.
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