Barclays Maintains an 'Underweight' on Pandora (P); Feeling Good About Qtr, But Fundamental Challenges Remain
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Maxim Group Maintains a 'Buy' on Pandora (P); Revenues Up 51% Year-over-Year
August 30, 2012 8:37 AM EDTMaxim Group maintains a 'Buy' on Pandora (NYSE: P) price target of $17.00.
Analyst, John Tinker, said, "Pandora advertising revenues increased 53% y/y to $89.4M. This followed an ~83% y/y increase in listener hours to 3.3B, as well as a record organically... More
Needham & Company Maintains a 'Buy' on Pandora (P) Even with Strong Q2; Raising Estimates
August 30, 2012 7:50 AM EDTNeedham & Company maintains a 'Buy' on Pandora (NYSE: P) price target of $13.00.
Analyst, Laura Martin, still suggests buying shares of Pandora, despite the run-un on strong Q2 earnings.
Some of her highlighted points include: 1) One of the economic... More
UPDATE: Canaccord Genuity Upgrades Pandora (P) to Buy; Strong Results Should Be Sustainable
August 30, 2012 6:33 AM EDT(Updated - August 30, 2012 8:18 AM EDT)
Canaccord Genuity upgraded Pandora (NYSE: P) from Hold to Buy with a price target of $16.00 (from $13.00), following strong earnings after the close.
Analyst, Michael Graham, said, "We upgrade Pandora from Hold based on improving visibility to our... More
Pandora Media (P) Tops Q2 EPS by 3c; Guides Up
August 29, 2012 4:04 PM EDTPandora Media (NYSE: P) reported Q2 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $101.3 million versus the consensus estimate of $100.94 million.
The Estimize consensus was $-0.04 and $100.45 million, respectively.
Pandora Media sees Q3 2012 EPS... More
