Pandora Media Gets Upgrade from Wedbush to Outperform and Under Armour Upgraded to Buy by Stern Agee
Pandora Media, Inc. (NYSE: P) shares closed down nearly 5% on Monday on nearly 22 million shares traded. Despite the drop, firm Wedbush upgraded the Internet radio services company from neutral to outperform. Analyst Michael Pachter gave the stock a price target of $35 on the stock. "Pandora will report Q1 results after the market close on Thursday, April 24, and we expect management to raise full-year guidance by the amounts of the Q1 beats at least," commented Pachter. Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up