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Pandora Media Will Surge After Earnings: $11.50 PT

Pandora Media is going to release the quarter earnings today after the market close and the company has a lot to prove. As soon as their most recent earnings were surprisingly good, but the stock dropped back to the pre-earnings levels - I think that Pandora can surprise us this time too. 

Their margins are still bad but better than expected. 22 analysts issued 14 'hold' recommendations while 16 has either 'buy' or 'outperform' which means that the stock has a positive outlook. Analysts are pessimistic regarding the revenue, according to Financial Times, the company's revenue consensus is just $318.15M which is 7% higher than Q1'16:

I think Pandora can surprise us today, they have a lot to prove. 

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Pandora Media Will Surge After Earnings: $11.50 PT

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