, Tracking Stock Market Picks
Enter Symbol:
Pandora Media Inc (P) [hlAlert]

Buy P
up 7.96 %

Pandora Media Inc (P) upgraded to Buy with price target $22 by CRT Capital

Posted on: Wednesday,  Mar 18, 2015  9:25 AM ET by CRT Capital

CRT Capital rated Buy Pandora Media Inc (NYSE: P) on 03/18/2015. Previously CRT Capital rated
Fair Value Pandora Media Inc (NYSE: P) on 02/06/2015., when the stock price was $14.71. Since then, Pandora Media Inc has gained 10.13% as of 03/18/2015's recent price of $16.20.

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.

CRT Capital has consistently provided its clients with creative, idea-driven advice and solutions through targeted research and trading of High-Yield, Distressed, Convertible, and Emerging Market Debt Securities and Equities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2015 9:25 AM Buy
16.20 22.00
as of 8/27/2015
1 Week down  -3.37 %
1 Month up  5.36 %
3 Months down  -7.01 %
1 YTD up  7.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2015 9:25 AM None
14.71 16.00
1/10/2014 9:25 AM None
33.47 35.00
9/19/2013 8:25 AM None

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy