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

Rating:
Equal Weight
P
down 43.22 %

Pandora Media Inc (P) rated Equal Weight with price target $17 by Barclays

Posted on: Monday,  May 20, 2013  1:25 PM ET by Barclays

Barclays rated Equal Weight Pandora Media Inc (NYSE: P) on 05/20/2013. Previously Barclays rated Underweight Pandora Media Inc (NYSE: P) on
04/05/2012., when the stock price was $9.93. Since then, Pandora Media Inc has gained 76.13% as of 01/19/2016's recent price of $17.49.
If you would have followed the previous Barclays's recommendation on P, you would have lost 43.22% of your investment in 1384 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/20/2013 1:25 PM Sell
None
16.62 17.00
as of 12/13/2013
1 Week up  4.41 %
1 Month up  6.80 %
3 Months down  -13.63 %
1 YTD down  -196.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/5/2012 12:25 PM Sell
None
9.93 8.00

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