Pandora (P) PT Lowered to $12 at Stifel
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Pandora (P) PT Lowered to $11 at BMO Capital on 2Q Report; 'Listener Hour/Active User Growth Rates Lack Visibility'
August 1, 2017 9:02 AM EDTBMO Capital lowered its price target on Pandora (NYSE: P) to $11.00 (from $12.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.
Analyst Daniel Salmon notes the company delivered second quarter earnings per share and revenues above consensus projections, driven by... More
Pandora (P) PT Lowered to $7.50 at BofA/Merrill Lynch
August 1, 2017 7:53 AM EDTBofA/Merrill Lynch lowered its price target on Pandora (NYSE: P) to $7.50 (from $9.00) while maintaining a Underperform rating.
Analyst Nat Schindler remains negative on the company citing lack of visibility regarding a path towards profitability and he fails to see any signs of a turnaround in sight.
... MorePandora (P) PT Lowered to $10 at RBC Capital
August 1, 2017 5:31 AM EDTRBC Capital lowered its price target on Pandora (NYSE: P) to $10.00 (from $15.00) while maintaining a Sector Perform rating.
Analyst Mark Mahaney would need to see a more stable Active User base, consistent double-digit growth in Ad Revenue segment and a clear path to sustained profitability to consider becoming Outperform rated.
... MorePandora (P) PT Lowered to $14 at Canaccord Genuity
August 1, 2017 5:20 AM EDTCanaccord Genuity lowered its price target on Pandora (NYSE: P) to $14.00 (from $15.00) while maintaining a Buy rating.
... MorePandora (P) PT Lowered to $11 at Citi
August 1, 2017 5:15 AM EDTCiti lowered its price target on Pandora (NYSE: P) to $11.00 (from $12.00) while maintaining a Buy rating.
... MorePandora (P) PT Lowered to $11 at BMO Capital
August 1, 2017 5:06 AM EDTBMO Capital lowered its price target on Pandora (NYSE: P) to $11.00 (from $12.00) while maintaining a Market Perform rating.
Analyst Dan Salmon likes the company's decision to refocus on core advertising business but remains sidelined noting total listener hour and active users growth rates lack visibility.
... MorePandora (P) Tops Q2 EPS by 3c, Sales Beat
July 31, 2017 4:02 PM EDTPandora (NYSE: P) reported Q2 EPS of ($0.21), $0.03 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $376.8 million versus the consensus estimate of $368.87 million.
Ad RPM grew to $66.15 in Q2 2017 from $53.34 in Q2 2016, growing 24% year-over-yearQ2 2017 total consolidated revenue was $376.8 million, growing 10%... More
