Spotify Technology SA (NYSE: SPOT ) shares began climbing back Thursday after falling a day earlier following earnings disappointment, and sell-side analysts remained mostly positive on the company’s overall outlook and pushed price targets higher. Spotify was off about 6% on Wednesday after the music streaming leader reported weaker-than-expected fourth-quarter earnings and forecast slower premium subscriber growth in 2020. The Spotify Analysts Wells Fargo’s Steven Cahall maintained an Underweight rating and raised the price target from $122 to $126. Credit Suisse analyst Brian Russo remained Neutral on Spotify with a $125 price target. Morgan Stanley’s Benjamin Swinburne kept an Overweight rating and $180 target price. Nomura Instinet’s Mark Kelley kept a Buy rating and $180 price target. The Spotify Theses Sell-side analysts remain convinced that in the long run, music streaming is a growth business and early entrant Spotify is a market leader. “Over time that scale translates into substantial earnings power,” Swinburne said in a note.