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BTIG analyst Rich Greenfield is reiterating his short call on Pandora (P) this morning, saying that it's about to get walloped by a number of rivals entering the space.
He thinks the stock, which is trading at $13, is worth $5.50 and here's why:
Cle... Read the rest of this entry »
BTIG analyst Rich Greenfield is reiterating his short call on Pandora (P) this morning, saying that it's about to get walloped by a number of rivals entering the space.
He thinks the stock, which is trading at $13, is worth $5.50 and here's why:
Cle... Read the rest of this entry »
Here's a ballsy call on Pandora's newly public stock from BTIG Research analyst Rich Greenfield: He just initiated coverage of Pandora (P) with a Sell rating and a $5.50 price target.
In other words, he's expecting Pandora stock to tank. (It's alread... Read the rest of this entry »
It's been a good day for Pandora employees and investors.
The company went public today and the stock (P) closed at $17.42 per share.
While no one became a billionaire, nearly a dozen people became millionaires.
One person struck gold twice in one mo... Read the rest of this entry »
It's been a good day for Pandora employees and investors.
The company went public today and the stock (P) closed at $17.42 per share.
While no one became a billionaire, nearly a dozen people became millionaires.
One person struck gold twice in one mo... Read the rest of this entry »
Traders have gone bananas for Pandora (P), bidding the stock of the awesome Internet radio service up to a ~$4 billion valuation.
So is the stock now absurdly overvalued, as the market parrots are smugly and uniformly asserting?
Not necessarily. (But... Read the rest of this entry »