Spotify Stock: Next Stop, $200?

It's been just two days since Spotify (NYSE: SPOT)began trading publicly, and analyst ratings are starting to trickle in. The first major Wall Street pro to chime in was Gabelli's John Tinker, slapping a $130 price target on the shares. It's a problematic goal for a stock that opened at $165.90on its first day of trading before settling lower, but Tinker thinks that the valuation for the leading music-streaming subscription service is out of whack at current levels.

He prefers Pandora (NYSE: P)as a discounted way into the promising digital music niche.