But, moreso, they advise that “even the most bullish of investors should maintain valuation discipline and see risk-reward as relatively unattractive at current levels.” Put another way, Guggenheim is saying it’s been a fun ride, but investors should sell before other people come to the same conclusion.Ĭonversely, investors could be swayed by Morgan Stanley analysts who believe the market is slightly underpricing Spotify.
Guggenheim analysts recognize Spotify’s podcast strategy but believe competition with Apple Music and Amazon - not to mention iHeartRadio - could hurt its share price. A CNBC Host and Comcast Help Send Spotify Shares Up
0 kommentar(er)
