Pandora (P) PT Lowered to $14 at Credit Suisse
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BofA/Merrill Lynch Downgrades Pandora (P) to Underperform
October 17, 2016 6:47 AM EDTBofA/Merrill Lynch downgraded Pandora (NYSE: P) from Neutral to Underperform with a price target of $9.00 (from $14.00).
For an analyst ratings summary and ratings history on Pandora click here. For more ratings news on Pandora click here.
Shares of Pandora closed at $12.83 yesterday.
... MorePandora's (P) 'Underweight' Rating Maintained Pacific Crest as Q3 Could Lead to Sharp Decline in Estimates
October 14, 2016 8:26 AM EDTPacific Crest maintained an Underperform rating on Pandora (NYSE: P) into Q3 results. Analyst Andy Hargreaves said he expects Q3 results to prompt a sharp decline in near-term estimates. He also thinks current M&A speculation as "overdone."
"We do not recommend owning P. We expect Q3 earnings to provide detail around the economic impact of... More