Spotify will raise prices on US users across all three of its paid tiers. Other audio streamers could soon follow.
implemented last summer. Analysts say the move could mean more increases for other music streamers — much to the chagrin of consumers.
Swinburne, who boasts a $370 price target and Overweight rating on shares, said the upcoming hikes "are larger and earlier than forecasted." This suggests potential upside to average revenue per user and revenue growth in the second half of the year."We believe Spotify's strong engagement levels and industry low churn should allow it to execute these increases and still deliver on net adds expectations," he said.) individual plan costs $10.
The Spotify logo hangs on the facade of the New York Stock Exchange with American and Swiss flags as the company lists its stock with a direct listing in New York, April 3, 2018. JPMorgan analyst Doug Anmuth, who reiterated his Overweight rating on shares and boosted his price target to $375 from $365, said he believes the price increases will result in "favorable unit economics for Spotify.
This article takes a look at the the best small town to retire where $100k in savings will last you the longest. Check out our full list at 30 Best Small Towns to Retire Where $100K in Savings Will Last You the Longest. Maximizing Retirement Savings: Top 30 Small Towns Where $100K Lasts Longest How Two stocks paying monthly dividends are excellent options for income-focused investors looking to increase their passive-income streams.
Spotify Price Increases Price Hikes Family Plan Subscription Plans Morgan Stanley Pricing Power Revenue Growth Amazon Music
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street euphoria vs. Main Street angst: Mind the gapIn the ongoing story of the ‘haves’ and ‘have nots’, Jay Woods, Freedom Capital Markets' chief global strategist, explores the current environment of the...
Read more »
Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrainedThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Wall Street back on the bullish bandwagon, Main Street still doubts gold’s upside potentialThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Wall Street firms up Nvidia price targets ahead of earningsNvidia (NVDA) reports its fiscal first-quarter earnings results after the closing bell on Wednesday, May 22. The chip giant has powered market rallies in...
Read more »
Wall Street's biggest bear flips, raises S&P 500 price target by 20%Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next ...
Read more »
Risk Appetites Roaring Anew in Wall Street’s Unflappable MarketsTo get a sense of the speculative euphoria in risky assets right now, consider Friday’s trading action. A slew of investing pros was transfixed by a meme-stock guru live streaming his near-$300 million position in GameStop Corp. — even as the world’s largest bond market sank anew on hot economic data.
Read more »