Analysts Stay Upbeat On Pandora Despite Lower Outlook

By | February 6, 2014

Scalper1 News

Analysts maintained a positive tone on Pandora Media (P) despite its outlook for 2014 that fell below Wall Street estimates. Pandora reported fourth-quarter results after the market close Wednesday that slightly missed revenue estimates but soundly beat on earnings, as IBD reported. But its forecast for Q1 and 2014 were below the consensus estimates of analysts polled by Thomson Reuters. In addition, Pandora said the number of active users of its Scalper1 News

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