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

Rating:
Buy P
up 46.35 %

Pandora Media Inc (P) rated Buy with price target $36 by Canaccord Genuity

Posted on: Friday,  Oct 24, 2014  11:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy Pandora Media Inc (NYSE: P) on 10/24/2014. Previously Canaccord Genuity rated Buy Pandora Media Inc (NYSE: P) on
08/30/2012., when the stock price was $11.95. Since then, Pandora Media Inc has gained 46.36% as of 01/19/2016's recent price of $17.49.
If you would have followed the previous Canaccord Genuity's recommendation on P, you would have gained 46.35% of your investment in 1237 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/24/2014 11:25 AM Buy
None
19.65 36.00
as of 10/17/2014
1 Week up  7.79 %
1 Month down  -16.72 %
3 Months down  -11.39 %
1 YTD down  -15.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2014 9:25 AM Buy
None
35.80 43.00
11/22/2013 9:25 AM Buy
None
31.01 35.00
9/30/2013 10:25 AM Buy
None
25.26 30.00
8/23/2013 10:25 AM Buy
None
18.96 25.00
8/1/2013 12:25 PM Buy
None
19.09 24.00
5/24/2013 10:25 AM Buy
None
18.19 23.00
8/30/2012 8:25 AM Buy
None
11.95 16.00
12/7/2011 9:25 AM Hold
None
10.30 13.00

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