Take-Two Interactive (TTWO) just delivered one of the cleanest earnings beats the company has posted in years, and Morgan Stanley isn't changing its tune.

Morgan Stanley is staying bullish on Spotify (SPOT), reiterating an overweight rating and a $590 price target, implying more than 30% upside from current levels. The firm's note, titled "Investor Day Preview: Don't Stop Believing," argues that Spotify has earned significantly more credibility with investors than it had at its last major investor outlook event in 2022.