Pandora (P -2.5%) slips after Nomura's Brian Nowack starts coverage with a Reduce and $8.50...


Pandora (P -2.5%) slips after Nomura's Brian Nowack starts coverage with a Reduce and $8.50 target. Oddly, Nowack expects Pandora to grow its share of U.S. Internet radio listening time to 89% in 2016 from a current 78% and last year's 64%, but is nonetheless worried about competition from more personalized services offering stronger social networking ties. Spotify, Slacker, and Clear Channel's iHeartRadio are named. (yesterday)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
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