.jpg "Pandora Media (NYSE: P)")
BMO Capital analyst Daniel Salmon reiterated a Buy rating on Pandora Media (NYSE: P) yesterday and set a price target of $12. The company’s shares closed yesterday at $8.16.
According to TipRanks.com, Salmon is a 5-star analyst with an average return of 18.9% and a 74.1% success rate. Salmon covers the Services sector, focusing on stocks such as Nielsen Holdings, 21st Century Fox, and MDC Partners.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pandora Media with a $8.50 average price target.
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The company has a one-year high of $9.98 and a one-year low of $4.09. Currently, Pandora Media has an average volume of 8.5M.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock.
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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.
