Wells Fargo Starts Pandora (P) at Outperform; Internet Radio Leadership
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Price: $118.16 +0.69%
Rating Summary:
10 Buy, 24 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 24 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Wells Fargo initiates coverage on Pandora (NYSE: P) with a Outperform. PT $21-23.00.
Well's analyst says, "Pandora is a category leader in the rapidly growing Inte net radio market. We believe Pandora's unique personalization technology (Music Genome Project) is highly differentiated and is defensible against the competition. Pandora is a growth play on three large advertising markets, display, mobile and broadcast radio."
For more ratings news on Pandora click here and for the rating history of Pandora click here.
Shares of Pandora closed at $18.03 yesterday.
Well's analyst says, "Pandora is a category leader in the rapidly growing Inte net radio market. We believe Pandora's unique personalization technology (Music Genome Project) is highly differentiated and is defensible against the competition. Pandora is a growth play on three large advertising markets, display, mobile and broadcast radio."
For more ratings news on Pandora click here and for the rating history of Pandora click here.
Shares of Pandora closed at $18.03 yesterday.
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