Pandora (P) Shares Pressured Following Downgrade, Negative Blog Mention

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SunTrust Robinson Humphrey Downgrades Pandora (P) to Neutral

January 4, 2016 6:37 AM EST

SunTrust Robinson Humphrey downgraded Pandora (NYSE: P) from Buy to Neutral with a price target of $15.00 (from $18.00), saying increasing investment to weight on near-term profits

Analyst Robert Peck commented: "Despite the CRB decision being behind us, we think the pursuit of new TAMs will increase NT costs &... More