Pandora (P) Q1 Results Top Expectations; Listener Metrics Key for 2014 - Cowen

Pandora (P) Deceleration 'Seems Unlikely', Guidance Conservative - Goldman Sachs

Goldman Sachs maintained a Buy rating on Pandora (NYSE: P) and lowered its price target to $35.00 (from $39.00). Analyst Heath P. Terry thinks guidance was conservative.

"We continue to believe there is considerable upside to growth expectations as local advertisers move online and Pandora leverages... More

Pandora (P) Price Target Slashed to $20 at Albert Fried & Company

Albert Fried & Company reiterated a Sell rating on Pandora (NYSE: P) and lowered its price target to $20.00 (from $23.00). Analyst Rich Tullo said slow growth requires multiple contraction.

"We still think Pandoras faces a significant growth rate decline and we think investors need to... More

Pandora (P) Q1 'Strong' - Needham & Company

Needham & Company analyst Laura Martin reiterated a Buy rating and $41 price target on Pandora (NYSE: P) following 'strong' Q1 results. The stock remains their Top Pick.

Martin commented, "P reported strong 1Q14 results at Non-GAAP revenue of $194mm (12% above our estimate) and an Operating EPS loss of $0.13 ($0.02 better than our estimate). P updated their 2Q14 and FY14 guidance, and we raise our estimates based on Ps comments. P remains our top pick for 2014, and we maintain our $41 target price."

Key take-aways from the... More

Pandora Media (P) Tops Q1 EPS by 1c; Lifts FY Outlook Slightly

Pandora Media (NYSE: P) reported Q1 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $193.4 million versus the consensus estimate of $174.94 million.

For Q2, revenue is expected to be in the range of $213 million to $218 million.... More