Pandora Founder Tim Westergren Takes the Helm as Chief Executive Officer
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March 29, 2016 9:51 AM EDT
Rosenblatt reiterated a Buy rating on Pandora (NYSE: P), with a price target of $15.00, following the company's announced management changes. The company announced that co-founder, Tim Westergren, is back in as CEO. Rosenblatt sees this move as very positive for the company on its fundamental... More
March 29, 2016 9:27 AM EDT
Piper Jaffray remains Neutral on Pandora (NYSE: P) after meeting with management to discuss announced management changes. The appointment of the founder Tim Westergren to CEO signals that the company is not up for sale, helping the company lock-in major music labels into new direct licensing deals.... More
March 28, 2016 12:30 PM EDT
FBR & Co. affirms Pandora Media (NYSE: P) with an Outperform rating and $16 price target after the company announced the appointment of a new CEO and management team. The firm suggests that the changes could hit at a potential merger deal.
Analyst Barton Crockett commented: Pandora and... More
