Pandora (P) Target Cut to $30 at SunTrust Robinson Humphrey Amid Mixed Q3

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Pandora (P) Buy Rating Maintained at Topeka Capital (Earlier)

October 24, 2014 1:30 PM EDT

Topeka Capital earlier maintained a Buy rating on Pandora (NYSE: P) with a price target of $30. The stock declined after reporting Q3 results. Analyst Victor Anthony thinks the pullback creates a buying opportunity.

"Pandora reported a solid quarter with in-line revenues, upside... More

Susquehanna Downgrades Pandora (P) to Neutral

October 24, 2014 9:26 AM EDT

Susquehanna downgraded Pandora (NYSE: P) from Positive to Neutral with a price target of $21.00 (from $29.00).

Analyst Brian Nowak said, "We are downgrading Pandora from Positive to Neutral and lowering our price target to $21 from $29. 3Q top-line results and forward guidance were fine.... More

Cowen Lowers PT on Pandora (P) Following Q3 Results; User Growth, Listening Hours Light

October 24, 2014 7:29 AM EDT

Cowen and Company trims its price target on Pandora Media (NYSE: P) from $39 to $33 following Q3 results reported Thursday night. The firm retains an Outperfom rating on the stock.

Analyst John Blackledge issued commentary and updated the following metrics:

We trimmed our active user growth in 4Q14 to 77.7MM (vs. 81.9MM), trimmed... More

Pandora (P) Bullish Stance Maintained at RBC Capital as Strong Financials Compensate for Light Metrics

October 24, 2014 7:20 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $35 price target on Pandora (NYSE: P) following Q3 Metrics a bit light, but financial results were a bit better than expected and continue to improve.

The keys, according to the analyst: Positives: 1. Content Cost... More

Pandora Media (P) Tops Q3 EPS by 1c; Lifts Outlook

October 23, 2014 4:05 PM EDT

Pandora Media (NYSE: P) reported Q3 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $239.6 million versus the consensus estimate of $236.5 million.

Share of total U.S. radio listening for Pandora in September 2014 was 9.06%, an increase from 7.77% at the same time last year.

Listener Hours: Total listener hours grew 25% to 4.99 billion for the third... More