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Pandora (P) PT Raised to $14 at Mizuho; One of Most Likely to be Acquired

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FBR Capital Reiterates Outperform as Pandora (P) Announces Warner Music Deal

September 16, 2016 11:08 AM EDT

FBR Capital reiterated an Outperform rating and $16.00 price target on Pandora (NYSE: P) following the company's announcement that it has entered into a direct deal with Warner Music. After the company signed several direct deals on September 13th, Pandora said Warner was... More

Oppenheimer Remains Sidelined as Pandora (P) Announces Licensing Deals

September 14, 2016 9:28 AM EDT

Oppenheimer reiterated a Perform rating on Pandora (NYSE: P) following the company's announced licensing deals with Sony Music, Universal Music, Merlin, and 40+ independent record labels. The new (on-demand) service is expected to launch domestically in 4Q:16, and will pay 65%-70% of its potential revenue to... More

SunTrust Robinson Humphrey Reiterates Buy on Pandora (P) Following Announced Direct Deals

September 14, 2016 8:16 AM EDT

SunTrust Robinson Humphrey reiterated a Buy rating and $18.00 price target on Pandora (NYSE: P) following the company's announced U.S.-only direct deals with most major labels.

Analyst Robert Peck commented, "Pandora announced direct deals with most major labels, which would allow it... More

Pandora (P): Direct Licensing Deals, Another Step Towards Profitability - Wedbush

September 14, 2016 7:16 AM EDT

Wedbush analyst, Michael Pachter, reiterated his Outperform rating on shares of Pandora (NYSE: P) on the belief that if the company can convert 2 million Pandora One subscribers to on-demand and attract both 1 2 million new U.S. on-demand subscribers, and 1 2 million international ondemand subscribers in... More

Mizuho Affirms Pandora (P) at 'Neutral'; Label Deals are Positive, But Key Player Still Missing

September 13, 2016 11:17 AM EDT

Mizuho affirms Pandora Media (NYSE: P) with a Neutral rating and $11 price target after the company announced the signing of direct licensing agreements for recorded music with Merlin Network, Sony Music and Universal Music Group, along with The Orchard and over 30 other independent labels and distributors.

Analyst Neil Doshi commented today:

We are pleased to see that Pandora has signed... More

Pandora (P) Enters on-Demand Music Deals with Merlin Network, Sony Music, Others

September 13, 2016 7:16 AM EDT

Pandora (NYSE: P) announced the signing of direct licensing agreements for recorded music with Merlin Network, Sony Music and Universal Music Group, along with The Orchard and over 30 other independent labels and distributors.

These landmark agreements create a win-win partnership between Pandora and the music industry, opening up new revenue streams for artists and labels, while paving the way for Pandora to bring new products to market that enable enhanced subscription services, fuel new advertising opportunities and deliver unprecedented flexibility and ease of use to listeners. The agreements apply to Pandoras... More