Impact of Spotify’s Podcast Splurge Remains Unclear
Spotify’s guidance for the second half of 2020 indicates upcoming podcast content does not seem to be increasing 2020 monthly active users compared to prior expectations, according to Wells Fargo media analyst Steven Cahall.
Spotify Share Price Not Justified: Analyst
While Spotify bulls expect its podcast strategy to boost advertising profits and subscriber additions, Wells Fargo analyst Steven Cahall, who has an UNDERWEIGHT rating and $175 price target, says the stock price has gotten ahead of itself.
Warner Music Group Gets Flurry of Positive Ratings from Wall Street
Warner Music Group is getting the approval of several analysts as many begin initiating coverage of the pure-play music company with positive ratings and price targets ranging from $28 to $40.
How Joe Rogan Fits Into Spotify’s Plan for Podcast Supremacy
Spotify is adding another prized asset to its growing list of podcast properties with the acquisition of The Joe Rogan Experience podcast and video-cast.