Pandora price target raised to $32 from $25 at BMO Capital
BMO Capital increased its price target on Pandora after the company reported that its listener hours increased by 18% in September. The firm is still upbeat on the company's outlook and keeps an Outperform rating on the shares.
Pandora price target raised to $31 from $23 at Barrington
Barrington increased its price target on Pandora after the company released its September listening metrics. The firm thinks the company's listener trends are tracking in-line with its plan, while Pandora should benefit from increased spending on mobile advertising. Barrington keeps an Outperform rating on the stock.
Pandora price target to $30 from $25 at Canaccord
Canaccord raised Buy rated Pandora's price target following September ad load survey results that indicate upside to Q3. The firm said Q3 is tracking well despite a slightly lower August ad load and local mix. The firm's Q3 mobile ad RPM estimate is $35.