Is Spotify Stock a Good Buy for Investors?
Friday, 26 April 2024, 19:15
Spotify Stock Analysis
Spotify investors experience a rollercoaster ride after a powerful first-quarter report, with a 11% surge followed by a 7% drop.
Analyst Insight
Maria Ripps from Canaccord Genuity forecasts a 25% upside at $370 per share within a year.
Investment Question
Is Spotify stock currently a buy, considering the concerns of being overpriced at 63 times free cash flow?
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