Raymond James Downgrades Pandora (P) to Market Perform

Pandora (P) Numbers Revised Lower at MKM Patners after Big Spending Plans and a Poor Q4

MKM Partners lowered estimates and its price target on Pandora (NYSE: P) to $23.00 (from $31.00) but maintained a Buy rating following weak Q4 results.

Rob Sanderson of MKM Partners says that Pandora explains that their recent quarterly shortfall is because of a reduction in advertising spending in... More

Albert Fried & Company Upgrades Pandora (P) to Market Perform

Albert Fried & Company upgraded Pandora (NYSE: P) from Underweight to Market Perform with a price target of $16.00.

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.

Pandora (P) Numbers Cut at RBC Capital; 'Outperform' Rating Maintained

RBC Capital analyst Mark Mahaney slashed his price target on Pandora (NYSE: P) to $25.00 (from $35.00) but maintained an Outperform rating following Q4 results.

"P reported Q4 financial results below expectations, due to weakness in several Ad verticals," Mahaney commented. "Stronger than expected User growth was offset by weaker than expected Listener Hours. Q1:15 and... More

BofA/Merrill Lynch Lowers PT on Pandora to $27, Keeps 'Buy' Rating

BofA/Merrill Lynch analyst Nat Schindler lowered his price target on Pandora (NYSE: P) to $27.00 (from $31.00) following Q4 resulted which showed a top line miss for the first time.

Schindler also notes the guidance "looks odd". He explains, "Management is calling for top-line... More

Pandora (P) PT Cut to $18 at Nomura Securities Following Q4 Results

Nomura Securities analyst Anthony DiClemente reiterated a Neutral rating and lowered his price target on Pandora (NYSE: P) to $18.00 (from $26.00) following weak Q4 results.

DiClemente commented, "Pandoras revenue and EBITDA both modestly missed our estimates and company guidance, even despite what appears to be... More

Cowen Slashes PT on Pandora (P) to $23; Still Sees in Early Stages of Local Ad Opportunity

Cowen and Company cuts its price target on Pandora (NYSE: P) from $33 down to $23 and maintains an Outperform rating on the stock following Q4 results and guidance.

Analyst John Blackledge noted that Pandora's Q4 revenue of $268 million and adjusted EPS of $0.18 compare with the firm's outlook for revs of $274.1 million and EPS of $0.19. Active listeners were 81.5 million (+7... More

B. Riley Downgrades Pandora (P) to Neutral

B. Riley downgraded Pandora (NYSE: P) from Buy to Neutral with a price target of $12.50 (from $38.00).

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.

Wells Fargo Downgrades Pandora (P) to Market Perform

Wells Fargo downgraded Pandora (NYSE: P) from Outperform to Market Perform with a price target of $15-$17 (from $29-$31). Analyst Peter Stabler said a pivot toward platform investment has changed the near-term margin outlook, adding uncertainty to a story that is already clouded... More

Pandora (P) Reports In-Line Q4 EPS

Pandora (NYSE: P) reported Q4 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $268 million versus the consensus estimate of $276.31 million.

Listener Hours:

Total listener hours grew 15% to 5.20 billion for the fourth quarter of 2014,... More