N@N

Matthew Harrigan Initiated (SPOT) at Hold and Held Target at $175 on, May 1st, 2018

Matthew Harrigan of Buckingham Research, Initiated "Spotify Technology S.A." (SPOT) at Hold and Held Target at $175 on, May 1st, 2018.

Matthew has made no other calls on SPOT in the last 4 months.

There are 7 other peers that have a rating on SPOT. Out of the 7 peers that are also analyzing SPOT, 2 agree with Matthew's Rating of Hold. Following are those relevant analyst calls for the last 4 months

---

• Barton Crockett of "B. Riley Securities" Initiated at Hold and Held Target at $156 on, Wednesday, April 25th, 2018
• John Tinker of "Gabelli & Co." Initiated at Hold and Held Target at $130 on, Wednesday, April 4th, 2018

These are the ratings of the 5 analyists that currently disagree with Matthew

---

• Benjamin Swinburne of "Morgan Stanley" Initiated at Buy and Held Target at $190 on, Monday, April 30th, 2018
• Doug Anmuth of "JP Morgan" Initiated at Buy and Held Target at $190 on, Monday, April 30th, 2018
• Eric Sheridan of "Goldman Sachs" Initiated at Strong Buy and Held Target at $190 on, Monday, April 30th, 2018
• John Egbert of "Stifel" Initiated at Strong Buy and Held Target at $180 on, Thursday, April 5th, 2018
• Michael Morris of "Guggenheim" Initiated at Strong Buy and Held Target at $175 on, Tuesday, April 3rd, 2018

Contributing Sources

---