Downgrades Buy Hold X

P Pandora Media

Canaccord Genuity

$11 $9

Downgrades Buy Neutral X

P Pandora Media

Goldman

Downgrades Buy Hold X

P Pandora Media

Needham

Upgrades Sell Hold X

P Pandora Media

Cascend Securities

Reiterated Buy X

P Pandora Media

Needham

$8 $13

Upgrades Sec Perform Outperform X

P Pandora Media

RBC Capital Mkts

Reiterated Hold X

P Pandora Media

Stifel

$7 $8

Initiated Neutral X

P Pandora Media

Nomura

Reiterated Equal-Weight X

P Pandora Media

Morgan Stanley

$6 $8

Initiated Sell X

P Pandora Media

Cascend Securities

$6

Upgrades Neutral Buy X

P Pandora Media

B. Riley FBR, Inc.

$6 $8

Reiterated Buy X

P Pandora Media

Canaccord Genuity

$7 $8

Upgrades Hold Buy X

P Pandora Media

SunTrust

Reiterated Neutral X

P Pandora Media

JP Morgan

$8 $7

Upgrades Mkt Perform Strong Buy X

P Pandora Media

Raymond James

$8

Reiterated Buy X

P Pandora Media

Aegis Capital

$12 $7

Reiterated Neutral X

P Pandora Media

B. Riley FBR, Inc.

$8 $6

P  Pandora Media, Inc.

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. Its segments include Pandora-Internet Radio Service and Ticketfly. As of December 31, 2016, it provided Pandora service through two models: advertising-supported service and subscription service-Pandora Plus. Pandora is integrated with connected devices, including automobiles, automotive aftermarket devices and consumer electronic devices. Its Ticketfly service is a cloud ticketing platform for live events. It operates ticketing service through its subsidiary, Ticketfly, a live events technology company that provides ticketing and marketing software and services for its clients, which are venues and event promoters, across North America.