Barrington analyst James Goss upgraded Pandora Media (NYSE: P) to Buy today and set a price target of $11. The company’s shares opened today at $7.81.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.4% and a 67.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.
Currently, the analyst consensus on Pandora Media is a Moderate Buy with an average price target of $8.80, which is a 12.7% upside from current levels. In a report issued on August 1, RBC Capital also upgraded the stock to Buy with a $10 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $8.78 and a one-year low of $4.09. Currently, Pandora Media has an average volume of 8.4M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pandora Media, Inc. engages in the provision of a music discovery platform through internet radio services. It offers a personalized experience for listeners to listen radio on smartphones, tablets, computers, car audio systems, and Internet-connected devices.
