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Pandora Media (NYSE:P)‘s stock had its “underweight” rating reissued by research analysts at Albert Fried & Company in a report released on Thursday.

Other equities research analysts have also recently issued reports about the stock. Analysts at MKM Partners reiterated a “buy” rating on shares of Pandora Media in a research note on Monday, August 25th. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Pandora Media in a research note on Wednesday, August 13th. They set a “buy” rating and a $34.00 price target on the stock. Finally, analysts at Singular Research reiterated a “sell” rating on shares of Pandora Media in a research note on Monday, July 28th. They now have a $17.00 price target on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. Pandora Media has a consensus rating of “Buy” and a consensus price target of $35.47.

Pandora Media (NYSE:P) traded down 5.61% during mid-day trading on Thursday, hitting $25.89. 8,289,879 shares of the company’s stock traded hands. Pandora Media has a 1-year low of $18.28 and a 1-year high of $40.44. The stock’s 50-day moving average is $26.61 and its 200-day moving average is $28.34. The company’s market cap is $5.346 billion. Pandora Media also was the recipient of unusually large options trading activity on Wednesday. Stock traders purchased 31,756 call options on the stock. This is an increase of approximately 265% compared to the average volume of 8,701 call options.

Pandora Media (NYSE:P) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.01. The company had revenue of $218.90 million for the quarter, compared to the consensus estimate of $218.54 million. The company’s quarterly revenue was up 43.0% on a year-over-year basis. On average, analysts predict that Pandora Media will post $0.18 earnings per share for the current fiscal year.

In other Pandora Media news, CRO John Trimble sold 40,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $27.44, for a total transaction of $1,097,600.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Pandora Media, Inc (NYSE:P), is an Internet radio in the United States.

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