Spotify stock bucks Wall Street rout as Barclays trims target — what to watch next for SPOT
Spotify shares rose 1.2% to $510.49 Tuesday, outperforming a falling market as the S&P 500 dropped 2.06%. Barclays cut its price target for Spotify to $625 but kept an Overweight rating. Investors are watching for a U.S. price hike hitting February bills and Spotify’s quarterly results due February 10.