Pandora (P): Sell The Company Now - Needham
Get Alerts P Hot Sheet
Rating Summary:
10 Buy, 24 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
Join SI Premium – FREE
Needham & Company analyst, Laura Martin, reiterated her Buy rating on shares of Pandora (NYSE: P) noting that "virtually no investors think Pandora should remain independent long term because its competitors are too large and more global. Consensus is that P is not large enough to go it alone long term".
In 4 years, P projects it will reach approximately $4B of revenue but the analyst thinks the company should sell now, at prices above $18/share. No change to the price target of $16.
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 $13.85 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- NIQ Global Intelligence Plc (NIQ) PT Raised to $21 at Needham
- Jefferies Downgrades IDP Education (IEL:AU) (IDPUF) to Hold
- Everpure (P) PT Raised to $170 at TD Cowen
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Needham & CompanySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share