Jefferies Bullish on Spotify, Warner Music, and Universal Music, Recommends 'Buy' with Price Targets

Thursday, 11 July 2024, 17:19

In a recent report, Jefferies has rated major music streamers such as Spotify, Warner Music, and Universal Music as 'buy' picks with price targets set at $385, $38, and €33 respectively. This bullish outlook highlights the growth potential in the music streaming industry, particularly pointing to Spotify as the favorite among investors.
Seeking Alpha
Jefferies Bullish on Spotify, Warner Music, and Universal Music, Recommends 'Buy' with Price Targets

Jefferies Rates Top Music Streamers as 'Buy' Picks

In a recent report by Jefferies, major music streamers, including Spotify, Warner Music, and Universal Music, have been rated as 'buy' picks with significant growth potential.

Investment Recommendations and Price Targets

  • Spotify: Target price set at $385
  • Warner Music: Target price set at $38
  • Universal Music: Target price set at €33

This bullish sentiment indicates a positive outlook for the mentioned companies in the music streaming market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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