Pandora Reports Q3 2015 Financial Results
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SunTrust Robinson Humphrey Cuts Price target Following Pandora's (P) 3Q Results
October 23, 2015 9:57 AM EDTSunTrust Robinson Humphrey reiterated a Buy rating on Pandora (NYSE: P), and raised the price target to $18.00 (from $25.00), following the company's 3Q15 earnings results. Revenue at $312m missed consensus $313m. While management has largely dismissed competition previously, there was a notable about-face this... More
Pandora (P) 3Q Hit by Apple (AAPL) Music Launch; FBR Capital Cuts Price Target to $10
October 23, 2015 9:38 AM EDTFBR Capital maintained an Underperform rating on Pandora (NYSE: P), and cut the price target to $10.00 (from $11.00), as Apple's (NASDAQ: AAPL) Music launch negatively effected 3Q results. Pandora sees this as a temporary phenomenon that will fade as... More
BofA/Merrill Lynch Downgrades Pandora (P) to Neutral
October 23, 2015 9:36 AM EDTBofA/Merrill Lynch downgraded Pandora (NYSE: P) from Buy to Neutral with a price target of $20.00.
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 $19.19 yesterday.
... MorePiper Jaffray Downgrades Pandora (P) to Neutral
October 23, 2015 7:07 AM EDTPiper Jaffray downgraded Pandora (NYSE: P) from Overweight to Neutral with a price target of $17.00 (from $23.00).
Analyst James March commented, "We are downgrading Pandora as competition is meaningfully impacting growth while expenses like content and market accelerate into 2016. We previously felt comfortable that a... More
Oppenheimer Downgrades Pandora (P) to Perform
October 23, 2015 6:57 AM EDTOppenheimer downgraded Pandora (NYSE: P) from Outperform to Perform and removed its price target (prior $25.00).
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 $19.19 yesterday.
... MoreMKM Partners Downgrades Pandora (P) to Neutral
October 23, 2015 6:56 AM EDTMKM Partners downgraded Pandora (NYSE: P) from Buy to Neutral with a price target of $14.00 (from $25.00).
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 $19.19 yesterday.
... MorePandora (P) Reports In-Line Q3 EPS, Q4 Revenue Guidance Comes in Light
October 22, 2015 4:06 PM EDTPandora (NYSE: P) reported Q3 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $311.6 million versus the consensus estimate of $312.97 million.
Other Business Metrics
Listener Hours: Total listener hours grew 3% to 5.14 billion for the third quarter of... More
