Pandora Media (P) Receives a Buy from Wedbush


Wedbush analyst Michael Pachter maintained a Buy rating on Pandora Media (P) today and set a price target of $10. The company’s shares closed yesterday at $8.65.

According to TipRanks.com, Pachter is a 1-star analyst with an average return of -1.3% and a 49.3% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, AMC Entertainment, and Best Buy Co.

Pandora Media has an analyst consensus of Hold, with a price target consensus of $9.94.

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The company has a one-year high of $10.07 and a one-year low of $4.09. Currently, Pandora Media has an average volume of 9.89M.

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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.

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