Pandora business momentum strong, says Canaccord Canaccord came away from Pandora investors meetings with renewed confidence in its ability to exceed the firm's revenue targets over time and notes growing interest in Europe for Pandora's music service. The firm believes business momentum is strong, but does not expect dramatic revenue upside or downside in any given period given the stability of its model. Canaccord keeps its Buy rating and $43 price target on Pandora.
News For P From The Last 14 Days
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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.