Vetr Inc. covered Pandora Media Inc (NYSE:P), stepping up its target to $16.06 earlier today
- Updated: October 1, 2016
Yesterday Pandora Media Inc (NYSE:P) traded 1.34% higher at $14.12. The company’s 50-day moving average is $13.88 and its 200-day moving average is $11.78. The last stock close price is up 21.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,709,312 shares of the stock were exchanged, down from an average trading volume of 6,118,060
Vetr Inc. bumped up the target of Pandora Media Inc (NYSE:P) to $16.06 stating a potential upside of 0.14%.
Previously on 09/14/2016, Canaccord Genuity reported about Pandora Media Inc (NYSE:P) raised the target price from $14.00 to $18.00. At the time, this indicated a possible upside of 0.31%.
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Pandora Media Inc has a one year low of $7.10 and a one year high of $22.20 Pandora Media Inc’s market capitalization is currently $0.
A total of 28 analysts have released a report on Pandora Media Inc. Seven equity analysts rating the stock a strong buy, 9 firms rating the stock a buy, 19 brokers rating the stock a hold, 0 equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $14.05.
More 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, 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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