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

Neutral P
down 69.32 %

Pandora Media Inc (P) upgraded to Neutral with price target $35 by Nomura

Posted on: Wednesday,  Jan 15, 2014  8:25 AM ET by Nomura

Nomura rated Neutral Pandora Media Inc (NYSE: P) on 01/15/2014. Previously Nomura rated Reduce Pandora Media Inc (NYSE: P) on 09/25/2012.,
when the stock price was $10.75. Since then, Pandora Media Inc has gained 226.05% as of 01/15/2014's recent price of $35.05.
If you would have followed the previous Nomura's recommendation on P, you would have lost 69.32% of your investment in 477 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2014 8:25 AM Hold
35.05 35.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -31.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/25/2012 8:25 AM Sell

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