- Three days after Needham issued a bullish note on Pandora (P +6.2%) ahead of its Nov. 21 FQ3 report, JPMorgan is joining in. The firm has raised its PT to $35 from $25, while declaring the Internet radio leader is nearing a revenue "inflection point" thanks to share gains and salesforce investments.
- Also helping Pandora: Hedge funds Coatue Management and Tiger Consumer Management (both offshoots of Julian Robertson's Tiger Management) have disclosed they respectively opened 1.1M and 2.9-share positions in Pandora in Q3. Between them, Coatue and Tiger Consumer owned over 2% of the company at quarter's end.
- Stephen Mandel's Lone Pine Capital owned 10.1M Pandora shares at the end of Q3, unchanged from when Lone Pine originally disclosed a position in the company on Oct. 3. (13F)
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at Benzinga.com (Wed, 11:44AM)
at Benzinga.com (Wed, 8:23AM)
at Benzinga.com (Tue, 3:04PM)
at Investor's Business Daily (Feb 6, 2015)
at Benzinga.com (Feb 5, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs