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Spotify stock upgraded by Wolfe Research on optimism surrounding margin expansion

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Spotify stock upgraded by Wolfe Research on optimism surrounding margin expansion


shares lost steam early Wednesday after rising about 2% in premarket trading following a fresh upgrade on Wall Street. Wolfe Research analyst Zach Morrisey, who took over coverage for Spotify, upgraded shares to Outperform from Peer Perform, citing a path for top-line revenue acceleration,…

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