Pandora (P) September calls active into Q1 EPS and outlook

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Pandora (P) PT Lowered to $12 at Susquehanna Following Mixed 1Q

May 9, 2017 7:39 AM EDT

Susquehanna lowered its price target on Pandora (NYSE: P) to $12.00 (from $13.00) while maintaining a Neutral rating. 1Q revenue came in 1% below consensus, as strength in Ticketfly was mostly offset by softness in the core ad supported business. EBITDA loss of ($71m) was ~$2m above... More