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Pandora Media, Inc. Message Board

  • benben4paws benben4paws Dec 3, 2012 10:50 AM Flag

    17 target

    Commenting on the developments, Ticker said "Over time, we expect monetization efforts to come to fruition and drive strong revenue growth. We are uncertain about the outcome of royalty rates negotiation currently in progress with CRB. However, if the CRB decides that internet radio should receive a lower royalty rate, this should benefit the internet radio industry in general."

    Maxim has a Buy rating on Pandora (NYSE: P) and a $17 price target.

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