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Pandora Media Inc (P) [hlAlert]

Rating:
Buy P
down 26.20 %

Pandora Media Inc (P) upgraded to Buy by Topeka Capital Markets

Posted on: Thursday,  Oct 2, 2014  8:25 AM ET by Topeka Capital Markets

Topeka Capital Markets rated Buy Pandora Media Inc (NYSE: P) on 10/02/2014, when the stock price was $23.70.
Since then, Pandora Media Inc has lost 26.20% as of 01/19/2016's recent price of $17.49.
If you would have followed this Topeka Capital Markets's recommendation on P, you would have lost 26.2% of your investment in 474 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.

Topeka Capital Markets
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2014 8:25 AM Buy
None
23.70
as of 10/17/2014
1 Week up  7.79 %
1 Month down  -4.85 %
3 Months   
1 YTD down  -4.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2014 8:25 AM Hold
None
24.90 30.00

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