RBC Capital Mahaney 'Neutral' on Pandora's (P) Tickerfly Deal

Analyst Has 'Mixed Feelings' on Pandora's (P) Ticketfly Acquisition

Albert Fried & Company maintained an Overweight rating on Pandora (NYSE: P) with a price target of $24. Analyst Rich Tullo said he has "mixed feelings" about its Ticketfly acquisition.

Tullo explained, "Strategically the deal fits into our long-term view of the music industry. We think it is important for IP Radio and Music Streamers to position content creators closer to audiences. Selling concert tickets to fan bases is an important... More

FBR Capital Remains Bearish on Pandora (P) Following Announced Plans to Acquire Ticketfly

FBR Capital reiterated an Underperform rating on Pandora (NYSE: P), following the company's announcement that it is buying Ticketfly, Inc. for $450 million in cash and stock. Investors knew that Pandora was seeking to help artists sell more tickets to their concerts, but analyst Barton Crockett doesn't think that anybody was expecting Pandora to buy an upstart ticketing... More

Pandora (P) to Acquire Ticketfly in $450M Deal

Pandora (NYSE: P) announced it has entered into an agreement to acquire Ticketfly, Inc., a leading live events technology company, to create the definitive music platform for connecting fans, artists and event promoters. The move is the latest step toward achieving Pandoras mission to help artists find their audience and help listeners find the music they lovewhether its coming through their earbuds or live on stage. Ticketfly provides ticketing and marketing software for approximately 1,200 leading venues and event promoters across North America and makes it easy for fans to find and purchase... More

Pandora (P) Close to $450M Deal to Acquire Ticketfly - Re/code

Pandora (NYSE: P) appears close to a $450 million deal to buy Ticketfly, according to re/code. Pandora plans to pay for the ticketing agency with a combination of cash and stock.