Goldman Sachs Downgrades Pandora (P) to Neutral

October 25, 2018 4:54 AM EDT
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Price: $8.38 --0%

Rating Summary:
    9 Buy, 28 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 25 | Down: 19 | New: 35
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Goldman Sachs analyst Heath Terry downgraded Pandora (NYSE: P) from Buy to Neutral with a price target of $10.00 (from $12.00).

The analyst steps to the sidelines following the completion of the company's "go-shop" agreement under the SIRI merger. The analyst expects the equity to trade on deal expectations therefore downgrades it Neutral.

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 $8.06 yesterday.

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