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

Rating:
Outperform
P
up 63.00 %

Pandora Media (P) rated Outperform with price target $14 by Wedbush

Posted on: Monday,  Sep 19, 2011  2:25 PM ET by Wedbush

Wedbush rated Outperform Pandora Media Inc (NYSE: P) on 09/19/2011, when the stock price was $10.73. Since
then, Pandora Media Inc has gained 63.00% as of 01/19/2016's recent price of $17.49.
If you would have followed this Wedbush 's recommendation on P, you would have gained 63% of your investment in 1583 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.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2011 2:25 PM Buy
None
10.73 14.00
as of 12/30/2011
1 Week   
1 Month down  -1.66 %
3 Months down  -31.67 %
1 YTD down  -6.71 %

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