US-headquartered Stifel hasn’t been shy in expressing its pessimism over HSF ever since the financial firm downgraded its view of the music company’s stock in early 2021 – via a report which led the Financial Times to surmise: “Stifel is worried that Hipgnosis Songs Fund is slipping out of tune.” Now, though, the narrative has changed a little. Stifel has today (January 19) issued a report in which it waves a not-insignificant amount of optimism in Hipgnosis Songs Fund’s direction.
