Pandora (P): Direct Licensing Deals, Another Step Towards Profitability - Wedbush
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FBR Capital Reiterates Outperform as Pandora (P) Announces Warner Music Deal
September 16, 2016 11:08 AM EDTFBR Capital reiterated an Outperform rating and $16.00 price target on Pandora (NYSE: P) following the company's announcement that it has entered into a direct deal with Warner Music. After the company signed several direct deals on September 13th, Pandora said Warner was... More
Oppenheimer Remains Sidelined as Pandora (P) Announces Licensing Deals
September 14, 2016 9:28 AM EDTOppenheimer reiterated a Perform rating on Pandora (NYSE: P) following the company's announced licensing deals with Sony Music, Universal Music, Merlin, and 40+ independent record labels. The new (on-demand) service is expected to launch domestically in 4Q:16, and will pay 65%-70% of its potential revenue to... More
SunTrust Robinson Humphrey Reiterates Buy on Pandora (P) Following Announced Direct Deals
September 14, 2016 8:16 AM EDTSunTrust Robinson Humphrey reiterated a Buy rating and $18.00 price target on Pandora (NYSE: P) following the company's announced U.S.-only direct deals with most major labels.
Analyst Robert Peck commented, "Pandora announced direct deals with most major labels, which would allow it... More
Pandora (P) PT Raised to $14 at Mizuho; One of Most Likely to be Acquired
September 14, 2016 7:24 AM EDTMizuho Securities analyst Neil Doshi raised his price target on Pandora (NYSE: P) to $13.00 (from $11.00) but maintained a Neutral rating. The target was increased on the new direct deals, as well as its potential as an M&A target.
"Given that Pandora announced that it signed direct deals with Sony, Universal, Merlin, and 30+ indie labels for its ondemand... More
