Pandora's (P) Big Day is Today, Here is What to Look For - PiperJafray

Nomura Securities Remains Sidelined on Pandora (P) as CRB's Ruling Came Roughly In-Line with Expectations

Nomura Securities reiterated a Neutral rating on Pandora (NYSE: P), and raised the price target to $17.00 (from $16.00), following the Copyright Royalty Board's (CRB) new rates for the Web IV proceeding for the 2016-2020 period. At $0.17 per hundred songs streamed, the new Webcaster IV rates are in line with investors expectations. Rate increases linked... More

Albert Fried & Company Upgrades Pandora (P) to Overweight

Albert Fried & Company upgraded Pandora (NYSE: P) from Underweight to Overweight with a price target of $20.00 (from $11.00).

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 $13.44 yesterday.

Wedbush Reiterated Outperform on Pandora (P) Following CRB Determination

Wedbush reiterated an Outperform rating and $26.00 price target on Pandora (NYSE: P) following the Copyright Royalty Board's rate determination for the company. The 2016 rate for Pandoras ad-supported service will be $0.0017 compared with the 2015 rate of $0.0014, and the subscription rate will be $0.0022 compared with the 2015 rate of $0.0025.... More

CRB Ruling Brings Clarity to Pandora (P) - BMO Capital Raises PT to $16

BMO Capital reiterated a Market Perform rating on Pandora (NYSE: P), and raised the price target to $16.00 (from $14.00), after a CRB ruling. The CRB ruled yesterday that streaming rates will be set at $0.17 per 100 spins for ad-supported listening, and $0.22 per 100 spins for subscription-supported listening. The CRB ruling brings clarity to 2016.

Analyst Daniel Salmon commented,... More

CRB Decision Hands Pandora (P) a 'Hat Trick' - Needham & Company Reiterates Buy

Needham & Company reiterated a Buy rating and $24.00 price target on Pandora (NYSE: P) following a CRB decision that handed the company a series of wins. The CRB raised Ps total costs by 15% to a blended rate of $0.176/100 songs, made up by 20% higher advertising music costs to $0.17/100 songs in 2016, partially... More

Pandora (P) Surges After Intial Knee-Jerk Lower on CRB Decision

After an initial knee-jerk reaction lower, Pandora (NYSE: P) is now up 19% as investor read positively into the CRB rate decision.

The rate for commercial subscription services in 2016 is $0.0022 per-performance. The rate for commercial nonsubscription services in 2016 is $0.0017 per-performance.

The consensus was $0.0017.

Pandora (P) Postpones Conference Call Related to CRB Decision

(Updated - December 16, 2015 4:12 PM EST)

Pandora (NYSE: P) today announced that it will postpone a call originally scheduled for Wednesday, December 16, 2015, after the close of the market at 1:30 PM (PT) / 4:30 PM (ET) to a later, as of now, undetermined time.

Pandora will announce updated timing shortly... More

Pandora (P) Gains Ahead of Imminent CRB Decision

Pandora (NYSE: P) is up 2.3% ahead of the CRB royalty rate-setting decision for the years 2016-2020. The consensus is approximately 17 cents.

Pandora (P) to Host Call on Wednesday Following CRG Rate Determination

Pandora (NYSE: P) announced that it will host a call following the Copyright Royalty Board (CRB) rate determination on Wednesday, December 16, 2015, after the close of the market. The company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) with management to discuss the rate determination with the investment community. This is subject to a change in timing depending on when the CRB makes public the rate... More

Macquarie Highlights 4 Catalysts in Entertainment Space (P) (STRAZ) (LGF) (SIRI) (EVC) (DISH)

Macquarie Securities analyst Amy Yong highlighting four catalysts before year end in the pay TV and entertainment space.

1. On Dec 16, the CRB will make its final decision on the next five years of rates for Pandora (NYSE: P). Yong said areas of focus include: 1) the royalty rate effective 1/1/16 to 12/31/20; 2) the minimum threshold rate as a % of revenue; and 3) the definition of revenue.

The firm's assumption is currently US$0.18/100 songs, a touch higher than the US$0.165/100... More

Pandora (P) CRB Rate Decision Expected on Dec. 16

The CRB's rate decision, which is expected to impact Pandora (NYSE: P), is expected Wednesday, according Bloomberg, citing a web post.

From the CRB:

"On Wednesday, December 16, the Copyright Royalty Judges will issue their written determination in Docket No. 14-CRB-0001-WR, the Web IV... More