Pandora Media (P) : Zacks Investment Research ranks Pandora Media (P) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 13 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 24 research analysts is 2.29, which indicates as a Buy.
Pandora Media (P) : The consensus price target for Pandora Media (P) is $14.61 for the short term with a standard deviation of $2.52. The most optimist securities analyst among the 18 who monitor the stock believes that the stock can reach $19, however, the pessimist price target for the company is $10.
Shares of Pandora Media, Inc. rose by 7.78% in the last five trading days and 8.69% for the last 4 weeks. Pandora Media, Inc. is up 29.75% in the last 3-month period. Year-to-Date the stock performance stands at 5.37%. Pandora Media (NYSE:P): stock turned positive on Tuesday. Though the stock opened at $13.75, the bulls momentum made the stock top out at $14.24 level for the day. The stock recorded a low of $13.75 and closed the trading day at $14.13, in the green by 3.29%. The total traded volume for the day was 5,989,510. The stock had closed at $13.68 in the previous days trading.
Pandora Media, Inc. is a United States-based provider of Internet radio in the United States. The Company offers a personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets, computers and car audio systems, as well as a range of other Internet-connected devices. It allows local and national advertisers to deliver targeted messages to its listeners using a combination of audio, display and video advertisements. Its free service is advertising-based and allows listeners access to its music and comedy catalogs, and personalized playlist generating system for free across all of its delivery platforms. Pandora One is a paid subscription service without any advertising. Pandora One also offers listeners daily skips, audio on supported devices and timeout-free listening. The Companys technologies include Music Genome Project and Comedy Genome Project.