Pandora shares could double, says Goldman Goldman's Option Research recommends buying calls on Pandora and said shares could double. The firm believes the mix-shift to local advertising as well as the increase in ads per hour will increase revenue much higher than the expected annual listener hour growth of 25% from 2013 to 2016. The options group said the options are pricing in only an 8% chance of shares being above $60 in the next year, which they believe is too low.
News For P From The Last 14 Days
Check below for free stories on P the last two weeks.
Pandora calls activate on renewed speculation of an activist investor Pandora August weekly 27.5 and 29 calls are active on total call volume of 5K contracts (1K puts) on renewed speculation of an activist investor. August weekly call option implied volatility is at 77, September is at 58 and December is at 55; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for upside price movement.