Spotify stock rises after Wells Fargo trims target — what investors are watching next
Spotify shares closed up 0.9% at $534.64 Tuesday and edged to $535.03 after hours. Wells Fargo cut its price target to $710 from $750 but kept an Overweight rating. Focus shifts to Spotify’s Feb. 10 earnings for details on U.S. subscription pricing and 2026 margin outlook.