Forget FANG, Look at BAGEL in 2016
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- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
Pandora (P) Overhang Removed, Focus on New Foreign Markets - Rosenblatt
December 18, 2015 10:00 AM ESTRosenblatt analyst, Martin Pyykkonen, published a note on Pandora (NYSE: P) citing two reasons the stock could rally and a problem that could trump the first two points.
1) New Foreign Markets Within the Next Year
2) CRB Overhang Is Removed
3) Listener Hour (Usage) Growth Needs to Rebound
With the recent removal of the overhang around the CRB rate setting for Pandoras streaming radio service, Pandora could gain some traction among longer term investors in the new year. Starting on 1/1/16, Pandora will pay $0.17 per 100 songs... More
