Raymond James downgraded Pandora (NYSE: P) from Outperform to Market Perform and removed its price target (prior $28.00).

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 $18.41 yesterday.

Downgrades

Pandora (P) Numbers Revised Lower at MKM Patners after Big Spending Plans and a Poor Q4February 9, 2015 11:14 AM Albert Fried & Company Upgrades Pandora (P) to Market PerformFebruary 6, 2015 9:41 AM Pandora (P) Numbers Cut at RBC Capital; 'Outperform' Rating MaintainedFebruary 6, 2015 9:27 AM BofA/Merrill Lynch Lowers PT on Pandora to $27, Keeps 'Buy' RatingFebruary 6, 2015 9:04 AM Pandora (P) PT Cut to $18 at Nomura Securities Following Q4 ResultsFebruary 6, 2015 8:56 AM Cowen Slashes PT on Pandora (P) to $23; Still Sees in Early Stages of Local Ad OpportunityFebruary 6, 2015 6:38 AM B. Riley Downgrades Pandora (P) to NeutralFebruary 6, 2015 6:36 AM Wells Fargo Downgrades Pandora (P) to Market PerformFebruary 6, 2015 6:34 AM Pandora (P) Reports In-Line Q4 EPSFebruary 5, 2015 4:04 PM