Piper Jaffray Downgrades Pandora (P) to Neutral

Pandora (P) Upgraded Amid the Carnage

Macquarie analyst Amy Yong went out on a limb defending Pandora by upgrading the stock to Outperform and citing "the bear/bull case is now too asymmetrical to ignore". The gap between her price target of $19 and the current share price of $12.39 represents 53% upside.

The upgrade is predicated on 3... More

Pandora (P) PT Lowered to $24 at Goldman Sachs; 'Buy' Maintained

Goldman Sachs analyst Heath Terry trimmed his price target on Pandora (NYSE: P) to $24.00 (from $25.00) following results Q3 results but maintained a Buy rating.

Q3 results were in-line but listener engagement slowed.

"We continue to believe that with nearly 90mn... More

SunTrust Robinson Humphrey Cuts Price target Following Pandora's (P) 3Q Results

SunTrust 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

FBR 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

BofA/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.

Albert Fried & Company Downgrades Pandora (P) to Underweight

Albert 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

Oppenheimer 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.

MKM Partners Downgrades Pandora (P) to Neutral

MKM 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.

Pacific Crest Downgrades Pandora (P) to Sector Weight

Pacific 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.

RBC Capital Downgrades Pandora (P) to Sector Perform

RBC Capital downgraded Pandora (NYSE: P) from Outperform to Sector Perform with a price target of $20.00 (from $24.00) citing increased competitive pressures.

Analyst Mark Mahaney commented, "While Ps Q3 results were mixed, the Q4 outlook was weaker than expected in part due to increased competition in the space from the likes of Apple and Spotify. Therefore, we are downgrading to Sector... More

Pandora (P) Reports In-Line Q3 EPS, Q4 Revenue Guidance Comes in Light

Pandora (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