RBC Capital Upgrades Pandora (P) to Outperform
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May 24, 2013 9:14 AM EDT
Wells Fargo today maintained an Outperform rating on Pandora (NYSE: P) and raised its price target to $20-22 (from $15-$17). Yesterday Pandora reported Q1 results with a notable increase in subs.
"Better-than-anticipated subscription adds drove revenue beat above street expectations, as conversion of... More
May 24, 2013 7:55 AM EDT
Needham & Company analyst Laura Martin reiterated a Buy rating and $20 price target on Pandora (NYSE: P) following a "strong quarter."
Martin comments, "P reported strong FY1Q14 results and raised guidance (again) for 2Q14 and FY14. We are raising our estimates.... More
May 23, 2013 4:05 PM EDT
Pandora Media (NYSE: P) reported Q1 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $125.5 million versus the consensus estimate of $123.83 million.
Pandora Media sees FY2013 EPS of ($0.02)-0.08, versus the consensus of $0.01.
For earnings... More
