Spotify Hits 40M MAUs, 10M Paid Subs (P)

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Pandora Media (P) Gains Following CFO Comments

May 20, 2014 11:27 AM EDT

Pandora Media (NYSE: P) stock gained early on Tuesday. The company's CFO Michael Herring spoke a Bloomberg's CFO summit. Herring pointed out that every one of its competitors has failed. He also said he sees huge opportunity in the connected music space.

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Pandora (P) PT Cut at Susquehanna; Bullish View Maintained

May 20, 2014 6:37 AM EDT

Susquehanna analyst Brian Nowak cut his price target on Pandora (NYSE: P) to $30.00 (from $41.00) but maintained a Positive rating and bullish view saying new sales force aging/productivity analysis shows how the company will drive continued ad beats.

The firm raised '14 revenue... More