Pandora Media Reaches Analyst Target Price
June 15, 2018 at 09:06 AM EDT
In recent trading, shares of Pandora Media Inc (P) have crossed above the average analyst 12-month target price of $7.79, changing hands for $8.05/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..