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Pandora Media Inc (P) [hlAlert]

Rating:
Sell P
up 93.31 %

Pandora Media Inc (P) rated Sell with price target $17 by Singular Research

Posted on: Monday,  Feb 10, 2014  11:25 AM ET by Singular Research

Singular Research rated Sell Pandora Media Inc (NYSE: P) on 02/10/2014, when the stock price was $33.81. Since
then, Pandora Media Inc has lost 48.27% as of 01/19/2016's recent price of $17.49.
If you would have followed this Singular Research's recommendation on P, you would have gained 93.31% of your investment in 708 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.

Singular Research
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2014 11:25 AM Sell
None
33.81 17.00
as of 10/17/2014
1 Week down  -7.79 %
1 Month up  16.72 %
3 Months up  11.39 %
1 YTD up  33.30 %

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