Record Companies and Pandora Reach Agreement On Pre-1972 Recordings
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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.
... MoreAlbert Fried & Company Downgrades Pandora (P) to Underweight
October 23, 2015 8:14 AM EDTAlbert Fried & Company downgraded Pandora (NYSE: P) from Overweight to Underweight with a price target of $11.00.
Analyst Rich Tullo said, "Pandora shares are down 20% after the market close and in a best case scenario we think Pandora shares are dead money... 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.
... MorePacific Crest Downgrades Pandora (P) to Sector Weight
October 23, 2015 6:56 AM EDTPacific Crest downgraded Pandora (NYSE: P) from Overweight to Sector Weight and removed its price target (prior $22.00).
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) and Record Companies Reach Agreement On Pre-1972 Recordings
October 22, 2015 4:07 PM EDTPandora (NYSE: P) and a coalition of independent and major record companies announced today that they have agreed to a $90 million settlement for Pandoras use of recordings created before 1972.
The confidential settlement is between Pandora and ABKCO Music & Records, Capitol Records, Sony Music... More
