Spotify stock edges higher as Barclays trims target — what SPOT investors are watching
Spotify shares rose 0.9% to $508.86 Tuesday afternoon after Barclays cut its price target to $625 from $700 but kept an Overweight rating. The stock moved between $496.65 and $514.51. Wall Street indexes slipped as President Trump threatened new tariffs on Europe. Spotify will raise its U.S. premium price by $1 in February, with earnings due Feb. 10.