A statement released earlier today by Vetr Inc. about Pandora Media Inc (NYSE:P) bumps the target price to $14.89
- Updated: September 17, 2016
Reporting a possible upside of 0.09%, Vetr Inc. bumped the price target of Pandora Media Inc (NYSE:P) to $15.
On 8/04/2016, MKM Partners released a statement about Pandora Media Inc(NYSE:P) raised the target price from $11.50 to $13.00. At the time, this suggested a downside of -0.06%.
Just yesterday Pandora Media Inc (NYSE:P) traded 1.05% higher at $13.70. Pandora Media Inc’s 50-day moving average is $13.71 and its two hundred day average is $11.45. With the last stock close up 17.43% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Trade volume was was down over the average, with 6,172,466 shares of P changing hands under the typical 6,241,780 shares..
With a market capitalization of $0.0, Pandora Media Inc has a PE of 0 with a 52 week low of $7.10 and a 52 week high of $22.60.
A total of 28 firms have issued a ratings update on the company. Seven firms rate the company a strong buy, nine analysts rate the stock a buy, 19 firms rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target stock price of $14.05
About Pandora Media Inc (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, and 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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