Oppenheimer Remains Sidelined as Pandora (P) Announces Licensing Deals

FBR Capital Reiterates Outperform as Pandora (P) Announces Warner Music Deal

FBR Capital reiterated an Outperform rating and $16.00 price target on Pandora (NYSE: P) following the company's announcement that it has entered into a direct deal with Warner Music. After the company signed several direct deals on September 13th, Pandora said Warner was... More

SunTrust Robinson Humphrey Reiterates Buy on Pandora (P) Following Announced Direct Deals

SunTrust Robinson Humphrey reiterated a Buy rating and $18.00 price target on Pandora (NYSE: P) following the company's announced U.S.-only direct deals with most major labels.

Analyst Robert Peck commented, "Pandora announced direct deals with most major labels, which would allow it... More

Pandora (P) PT Raised to $14 at Mizuho; One of Most Likely to be Acquired

Mizuho Securities analyst Neil Doshi raised his price target on Pandora (NYSE: P) to $13.00 (from $11.00) but maintained a Neutral rating. The target was increased on the new direct deals, as well as its potential as an M&A target.

"Given that Pandora announced that it signed direct deals with Sony, Universal, Merlin, and 30+ indie labels for its ondemand... More

Pandora (P): Direct Licensing Deals, Another Step Towards Profitability - Wedbush

Wedbush analyst, Michael Pachter, reiterated his Outperform rating on shares of Pandora (NYSE: P) on the belief that if the company can convert 2 million Pandora One subscribers to on-demand and attract both 1 2 million new U.S. on-demand subscribers, and 1 2 million international ondemand subscribers in... More

Streetinsider.com's Hot Lunchtime Reads 9/13: (AAPL) (RF) (P) (NFLX)

The following is a list of notable articles to help get you through the lunch hour:Regions Bank to pay $52.4 million to resolve mortgage allegations ->... More

Mizuho Affirms Pandora (P) at 'Neutral'; Label Deals are Positive, But Key Player Still Missing

Mizuho affirms Pandora Media (NYSE: P) with a Neutral rating and $11 price target after the company announced the signing of direct licensing agreements for recorded music with Merlin Network, Sony Music and Universal Music Group, along with The Orchard and over 30 other independent labels and distributors.

Analyst Neil Doshi commented today:

We are pleased to see that Pandora has signed... More

Pandora (P) Enters on-Demand Music Deals with Merlin Network, Sony Music, Others

Pandora (NYSE: P) announced the signing of direct licensing agreements for recorded music with Merlin Network, Sony Music and Universal Music Group, along with The Orchard and over 30 other independent labels and distributors.

These landmark agreements create a win-win partnership between Pandora and the music industry, opening up new revenue streams for artists and labels, while paving the way for Pandora to bring new products to market that enable enhanced subscription services, fuel new advertising opportunities and deliver unprecedented flexibility and ease of use to listeners. The agreements apply to Pandoras... More

Notable Analyst Rating Changes 9/12: (WMT) (P) (PM) Upgraded; (HES) (OXY) (SALE) Downgraded

UPGRADES

Cowen upgrades Wal-Mart (NYSE: WMT) from Market Perform to Outperform and moves its price target from $76 to $83. Click... More

SunTrust's Peck Upgrades Pandora (P) to Buy Ahead of Potential Catalysts

SunTrust Robinson Humphrey upgraded Pandora (NYSE: P) from Neutral to Buy with a price target of $18.00, ahead of potential catalysts.

Analyst Robert Peck commented, "We are upgrading Pandora to Buy from Neutral ahead of what we think will be a series of positive... More