Form 8-K Pandora Media, Inc. For: Feb 11

Go back to Form 8-K Pandora Media, Inc. For: Feb 11

Pandora (P) Ratings, PT Affirmed by Cowen Following Q4 Results; New Investments to Crimp EBITDA

February 12, 2016 6:41 AM EST

Cowen and Company reaffirms Pandora (NYSE: P) with a Market Perform rating and $9 price target following Q4 results issued Thursday night.

Analyst John Blackledge commented, Pandora reported mixed 4Q results as revenue/listener hours were largely in line, while EBITDA/users were a bit light.... More