Bernstein Stands by Spotify Outperform Rating as AI and Monetization Plans Take Center Stage
Bernstein has kept an Outperform rating and a $650 price target on Spotify, pointing to a roughly 34% upside from the stock's quoted price of $484. That assessment follows a Q4 report described by Bernstein as "stellar" and a Q1 outlook labeled "promising," while other brokerages offered a range of reactions that underscore divergent views on Spoti…