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Pandora (P) PT Lowered to $8 at Wedbush; 'Guidance Overshadows Early Turnaround Progress'

February 22, 2018 6:38 AM EST

Wedbush lowered its price target on Pandora (NYSE: P) to $8.00 (from $12.00) while maintaining an Outperform rating saying the underrwhelming guidance overshadows early turnaround progress.

Analsyt Michael Pachter commented, "We are encouraged that Pandoras new management has a renewed focus on the companys core... More