Pandora (P) PT Raised to $8 at MKM Partners

UPDATE: Barrington Research Upgrades Pandora (P) to Outperform

August 1, 2018 9:21 AM EDT

(Updated - August 1, 2018 9:37 AM EDT)

(updated to add analyst comment and price target)

Barrington Research upgraded Pandora (NYSE: P) from Market Perform to Outperform, price target $11.00.

Analyst James Goss comments "The rollout of ad supported Premium Access listening provides... More

Pandora (P) PT Raised to $8.75 at Aegis Capital

August 1, 2018 9:20 AM EDT

Aegis Capital raised its price target on Pandora (NYSE: P) to $8.75 (from $8.50) while maintaining a Buy rating.

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Pandora (P) PT Raised to $9 at B.Riley/FBR

August 1, 2018 8:26 AM EDT

B.Riley/FBR raised its price target on Pandora (NYSE: P) to $9.00 (from $8.00) while maintaining a Buy rating.

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Pandora (P) PT Raised to $8 at Susquehanna

August 1, 2018 7:51 AM EDT

Susquehanna raised its price target on Pandora (NYSE: P) to $8.00 (from $7.00) while maintaining a Neutral rating following solid results.

Analyst Shyam Patil commented, "Solid 2Q and signs of progress on the turnaroundbut still early days."

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Pandora (P) PT Raised to $13 at BMO Capital

August 1, 2018 7:00 AM EDT

BMO Capital raised its price target on Pandora (NYSE: P) to $13.00 (from $12.00) while maintaining an Outperform rating.

Analyst Daniel Salmon commented, "While the expansion of programmatic capabilities is getting the current focus after the general market launch this AM, we continue to view... More

Pandora (P) PT Raised to $9 at JPMorgan

August 1, 2018 6:42 AM EDT

JPMorgan raised its price target on Pandora (NYSE: P) to $9.00 (from $7.00) while maintaining a Neutral rating.

Analyst Doug Anmuth remains sidelined citing a nee to await a turnaround on audience to become more constructive on the name.

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Pandora (P) PT Raised to $8.50 at Macquarie

August 1, 2018 6:33 AM EDT

Macquarie raised its price target on Pandora (NYSE: P) to $8.50 (from $7.00) while maintaining a Neutral rating.

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RBC Capital Upgrades Pandora (P) to Outperform

August 1, 2018 5:35 AM EDT

RBC Capital upgraded Pandora (NYSE: P) from Sector Perform to Outperform with a price target of $10.00 (from $6.00).

Analyst Mark Mahaney comments "P posted fundamentally strong Q2 results, with double-digit organic revenue growth and declining EBITDA losses. Execution here is improving. Though active listener... More

Pandora wins more paid subscribers, posts smaller loss than expected

July 31, 2018 4:12 PM EDT

By Vibhuti Sharma

(Reuters) - Pandora Media (NYSE: P) lured thousands of more paid subscribers in the second quarter, helping the music streaming company report a smaller loss than Wall Street was expecting and driving its shares 12 percent higher on Tuesday.

Pandora faces brutal competition from bigger rivals Spotify (NYSE: SPOT), Apple Music and Google's Play Music, and has been launching new features to woo more subscribers as part of a turnaround aimed at achieving profitability.

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Pandora (P) Tops Q2 EPS by 1c, Revenues Beat

July 31, 2018 4:02 PM EDT

Pandora (NYSE: P) reported Q2 EPS of ($0.15), $0.01 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $384.8 million versus the consensus estimate of $372.78 million.

Total Q2 Revenue was $384.8 million, growing 12% year-over-year excluding Australia, New Zealand & Ticketfly, exceeding top-end of guidanceQ2 Subscription... More