- Considering a 26% decline since Q3 earnings, MKM Partners think Pandora Media (P +4.7%) is the most oversold stock in a group of "mobile, local, social" peers.
- Pandora also got positive ratings reiterated in the past day, by RBC Capital (Outperform) and JPMorgan Chase (Overweight) -- though JPMorgan has lowered its price target to $34 from $35.
- With today's gains, Pandora is trading at $18.22.
- Previously: Will Pandora get boxed out by deal-making Spotify? (Jan. 30 2015)