Wall Street analysts certainly love Pandora Media, and the future profits expected from the as-yet not unveiled premium on-demand streaming option that the Oakland, Calif.-based streaming audio service provider has been teasing for months.
Canaccord Genuity is the latest to fall under the spell of CEO Tim Westergren and in a note released Wednesday (1/18) firm analyst Michael Graham maintained his “buy” rating on P and maintained an $18 price target on Pandora.
That makes nine “buy” ratings for Pandora, and eight “hold” ratings. There are no “sell” ratings from any analyst, financial website Tipranks finds.
