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Enter Symbol:
 
Pandora Media Inc (P) [hlAlert]

Rating:
Overweight
P
up 23.16 %

Pandora Media Inc (P) rated Overweight by Piper Jaffray

Posted on: Friday,  Mar 8, 2013  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Overweight Pandora Media Inc (NYSE: P) on 03/08/2013, when the stock price was $14.20. Since
then, Pandora Media Inc has gained 23.17% as of 01/19/2016's recent price of $17.49.
If you would have followed this Piper Jaffray's recommendation on P, you would have gained 23.16% of your investment in 1047 days.

Pandora Media, Inc. (Pandora) is an Internet radio in the United States. As of January 31, 2011, it had over 80 million registered users. The Music Genome Project and its playlist generating algorithms enable it to deliver personalized radio to its listeners. When a listener enters a single song, artist or genre to start a station, a process it calls seeding, the Music Genome Project together with its playlist generating algorithms, allows it to instantly generate a station. It generates revenue from advertising. It also offers a subscription service to listeners. The Pandora service allows listeners to seed personalized stations with artists, composers, songs and genres or choose stations organized by genre. Listeners can create up to 100 personalized stations and use its QuickMix combination feature to listen to two or more of their stations at one time.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/8/2013 8:25 AM Buy
None
14.20
as of 12/13/2013
1 Week down  -4.41 %
1 Month down  -6.80 %
3 Months up  13.63 %
1 YTD up  91.97 %

(*) Stock Price at the time of the recommendation.
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