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Spotify Technology Rallies After Earnings: ‘Ample Capacity For Capital Returns’

Spotify earnings were “very strong,” with gross margin, operating income and free cash flows “well above our forecast.”

Latest Ratings for SPOT

Date Firm Action From To
Mar 2022 Deutsche Bank Initiates Coverage On Hold
Feb 2022 B of A Securities Maintains Buy
Feb 2022 Wells Fargo Maintains Underweight

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