Pandora (P) Upgraded Amid the Carnage

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Macquarie Upgrades Pandora (P) to Outperform

October 26, 2015 7:16 AM EDT

Macquarie upgraded Pandora (NYSE: P) from Neutral to Outperform.

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 $12.39 yesterday.

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Wall Street Takes a Hatchet to Pandora (P) as Competition Mounts

October 23, 2015 10:54 AM EDT

After seeing a nice resurgence of 38% over the past three months, Pandora (NYSE: P) has given all those hard fought gains back and then some after posting a quarter and outlook which is being viewed as "dismal" by some. Shares of the Internet radio provider last traded down 31%.

Pandora's revenue... More

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

October 23, 2015 10:07 AM EDT

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

October 23, 2015 9:57 AM EDT

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

October 23, 2015 9:38 AM EDT

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

October 23, 2015 9:36 AM EDT

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.

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Pre-Open Stock Movers 10/23: (AMZN) (GOOG) (MSFT) Higher; (EMES) (P) (SKX) Lower (more...)

October 23, 2015 9:24 AM EDT

Emerge Energy Services (NYSE: EMES) 43.7% LOWER; announced that, in accordance with its cash distribution policy as determined by the board of directors of its general partner, it will not make a cash distribution on its common units in respect of the three months ended September 30, 2015. Emerge Energy did not generate available cash to distribute for the three months ended September 30, 2015 due to the challenging oil and natural gas frac sand market and the volatility in wholesale fuel prices during this period. The board of... More

Albert Fried & Company Downgrades Pandora (P) to Underweight

October 23, 2015 8:14 AM EDT

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

Piper Jaffray Downgrades Pandora (P) to Neutral

October 23, 2015 7:07 AM EDT

Piper 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 EDT

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.

... More

MKM Partners Downgrades Pandora (P) to Neutral

October 23, 2015 6:56 AM EDT

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.

... More

Pacific Crest Downgrades Pandora (P) to Sector Weight

October 23, 2015 6:56 AM EDT

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.

... More

RBC Capital Downgrades Pandora (P) to Sector Perform

October 23, 2015 6:47 AM EDT

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