close
close

Jefferies rates major music streaming services as buys; Spotify named favorite (NYSE:SPOT)

Jefferies rates major music streaming services as buys; Spotify named favorite (NYSE:SPOT)

Jefferies took an optimistic stance on Spotify on Thursday (NYSE:SPOT), Warner Music (NASDAQ:WMG) and Universal Music (OTCPK:UMGNF) all rated them “buy,” while Spotify was the top choice among the three streaming music providers.

Spotify research firm