News stories about Pandora Media (NYSE:P) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pandora Media earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the Internet radio service an impact score of 45.6654146850144 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Pandora Media (P) to Report Q4 Earnings: What's in Store? (finance.yahoo.com)
- Why the Apple-Shazam Deal May Be Delayed (finance.yahoo.com)
- Pandora Media (P) to Report Q4 Earnings: What’s in Store? (zacks.com)
- Pete Najarian Sees Unusual Options Activity In Pandora (benzinga.com)
- Pandora Media (P) Given a $12.00 Price Target at Wedbush (americanbankingnews.com)
Several research firms have commented on P. Vetr downgraded Pandora Media from a “buy” rating to a “hold” rating and set a $5.06 price objective for the company. in a research note on Monday, February 5th. B. Riley reaffirmed a “hold” rating and set a $8.00 price objective on shares of Pandora Media in a research note on Thursday, February 1st. Zacks Investment Research raised Pandora Media from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Piper Jaffray Companies set a $9.00 price objective on Pandora Media and gave the company a “buy” rating in a research note on Tuesday, December 12th. Finally, Raymond James Financial reaffirmed a “hold” rating on shares of Pandora Media in a research note on Thursday, December 14th. Four equities research analysts have rated the stock with a sell rating, twenty-five have assigned a hold rating and eleven have issued a buy rating to the company. Pandora Media has a consensus rating of “Hold” and a consensus price target of $10.03.
In other Pandora Media news, CEO Roger Lynch sold 78,707 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $4.77, for a total transaction of $375,432.39. Following the sale, the chief executive officer now owns 701,607 shares in the company, valued at approximately $3,346,665.39. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.59% of the stock is currently owned by corporate insiders.
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Pandora Media Company Profile
Pandora Media, Inc (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage. The Company delivers targeted messages to its listeners using a combination of audio, display and video advertisements.
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