A statement released earlier today by Goldman Sachs about Pandora Media (NYSE:P) bumps the target price to $19.00
- Updated: October 3, 2016
Boasting a price of $14.16, Pandora Media (NYSE:P) traded -1.19% lower on the day. With the last stock price close up 19.68% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Pandora Media has recorded a 50-day average of $13.91 and a two hundred day average of $11.83. Volume of trade was up over the average, with 6,315,839 shares of P changing hands over the typical 6,123,170
Goldman Sachs bumped up the target of Pandora Media (NYSE:P) to $19.00 stating a potential upside of 0.34%.
On 9/29/2016, Vetr Inc. released a statement for Pandora Media (NYSE:P) bumped up the target price from $0.00 to $16.06 that suggested an upside of 0.14%.
Pandora Media has with a one year low of $7.10 and a one year high of $22.20 and has a market capitalization of $0.
A total of 28 brokerages have issued a ratings update on Pandora Media. Seven brokerages rating the company a strong buy, nine brokerages rating the company a buy, nineteen brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $14.05.
General Company Details For Pandora Media (NYSE:P)
Pandora Media, Inc. (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage. The Company delivers targeted messages to its listeners using a combination of audio, display and video advertisements. The Company provides services, including Pandora and Ticketfly. It provides the Pandora service through over two models, such as free service and Pandora One. Its free service allows listeners access to its music and comedy catalogs and personalized playlist generating system for free across all of the Pandora delivery platforms. Pandora One is a paid subscription service without any advertising. In addition to its monthly subscriptions, service listeners can purchase a single day Pandora One experience with its Pandora One Day Pass product. The Company's Ticketfly service is a cloud ticketing platform for live events.
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