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-Keybanc analysts raised it's price target to $205 from $180 and maintained overweight rating. | -Keybanc analysts raised it's price target to $205 from $180 and maintained overweight rating. | ||
"For 2Q23, we expect subscribers come in at 218M (1M above Street), with gross margin at least 25.5% (in line)," Keybanc analysts said. "For 3Q23, we expect subscribers come in at 223M-224M (in line to above Street), with gross margin at least 25.9% (in line)," <ref>https://www.investing.com/news/stock-market-news/wells-fargo-now-even-more-bullish-on-spotify-432SI-3126159</ref> | "'''For 2Q23, we expect subscribers come in at 218M (1M above Street), with gross margin at least 25.5% (in line)'''," Keybanc analysts said. "For 3Q23, we expect subscribers come in at 223M-224M (in line to above Street), with gross margin at least 25.9% (in line)," <ref>https://www.investing.com/news/stock-market-news/wells-fargo-now-even-more-bullish-on-spotify-432SI-3126159</ref> | ||
=== Wolfe Research === | === Wolfe Research === |