Goldman Sachs Reiterates Buy Rating on Pandora on Favorable Risk/Reward
August 16, 2013 at 09:59 AM EDT
In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $27.00 price target on Pandora (NYSE: P ). In the report, Goldman Sachs noted, “We believe accelerating mobile advertising RPM will continue as the company scales its sales force and the radio ad buying platform