Wedbush Reiterates on Pandora Media on Q3 EPS at High End of Guide as Subs Exceed Expectations
November 22, 2013 at 10:29 AM EST
In a report published Friday, Wedbush analyst Michael Pachter reiterated a Neutral rating and $33.00 price target on Pandora Media (NYSE: P ). In the report, Wedbush noted, “Pandora continues to show signs of the operating leverage potential in its business model. Revenue per 1,000 listener hours (RPMs) continues to
