Pandora Media Inc (NYSE:P) target price raised to $12.52, issued a report today by Vetr Inc.
- Updated: November 28, 2016
Yesterday Pandora Media Inc (NYSE:P) traded 2.71% higher at $11.36. The company’s 50-day moving average is $11.64 and its 200-day moving average is $12.57. The last stock close price is down -9.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 5,203,762 shares of the stock were exchanged, down from an average trading volume of 6,012,340
Pandora Media Inc (NYSE:P) had its target price raised to $12.52 by Vetr Inc. in a report released 11/28/2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.
Previously on Monday November 21, 2016, Vetr Inc. reported about Pandora Media Inc (NYSE:P) raised the target price from $0.00 to $12.52. At the time, this indicated a possible upside of 0.10%.
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Pandora Media Inc has a 52 week low of $7.10 and a 52 week high of $16.23 Pandora Media Inc’s market capitalization is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 28 brokers have issued a research note on the company. The average stock price target is $14.05 with 7 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 19 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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, 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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