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 EDT

BMO 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 EDT

BofA/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.

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Pandora (P) PT Lowered to $10 at RBC Capital

August 1, 2017 5:31 AM EDT

RBC 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.

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Pandora (P) PT Lowered to $14 at Canaccord Genuity

August 1, 2017 5:20 AM EDT

Canaccord Genuity lowered its price target on Pandora (NYSE: P) to $14.00 (from $15.00) while maintaining a Buy rating.

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Pandora (P) PT Lowered to $11 at Citi

August 1, 2017 5:15 AM EDT

Citi lowered its price target on Pandora (NYSE: P) to $11.00 (from $12.00) while maintaining a Buy rating.

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Pandora (P) PT Lowered to $11 at BMO Capital

August 1, 2017 5:06 AM EDT

BMO 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.

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Pandora (P) Tops Q2 EPS by 3c, Sales Beat

July 31, 2017 4:02 PM EDT

Pandora (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