-
The Street's Reaction To Pandora's Q3 Earnings
Tuesday, November 6, 2018 - 2:55pm | 611Read More...Streaming music provider Pandora Media Inc (NYSE: P) reported Monday its third-quarter results and could impact the pending acquisition from Sirius XM Holdings Inc (NASDAQ: SIRI). Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Barrington Research...
-
6 Music Stocks To Watch In 2019
Thursday, November 1, 2018 - 4:26pm | 973Read More...Technology is making it easier to create and consume music and that has resulted in major changes from everything from audio interfaces to online streaming. Major tech companies as well as manufacturers all have their eye on music, which means you should have your eye on these stocks. Spotify...
-
Spotify's Recent Weakness Doesn't Change Morgan Stanley's Bullish Tune
Wednesday, October 24, 2018 - 11:25am | 454Read More...Spotify Technology SA (NYSE: SPOT) are not far removed from their post-IPO lows, and investors should buy the dip, according to Morgan Stanley. The Analyst Morgan Stanley's Benjamin Swinburne maintains an Overweight rating on Spotify with an unchanged $225 price target. The Thesis The...
-
Is Spotify The New Netflix? Yes And No, Says MKM Partners
Tuesday, October 9, 2018 - 3:18pm | 429Read More...Streaming music platform Spotify Technology SA (NYSE: SPOT) and Netflix, Inc. (NASDAQ: NFLX) have more parallels than differences, according to MKM Partners. The Analyst Analyst Rob Sanderson maintained a Buy rating on Spotify with an unchanged $245 price target. The Thesis Spotify...
-
The Music Modernization Act, Explained
Thursday, September 27, 2018 - 12:52pm | 546Read More...The trade war and the Supreme Court nomination have captured most of the headlines in Washington in recent weeks, but Congress passed an under-the-radar bill this week that will have a major impact on the music industry. On September 25th, Congress passed the Music Modernization Act. President...
-
The Latest Trends In Streaming Music, From Apple Music To Spotify
Wednesday, September 26, 2018 - 3:48pm | 584Read More...The big news this week in the music world is the Sirius XM Holdings Inc (NASDAQ: SIRI) buyout of Pandora Media Inc (NASDAQ: P). Prior to the merger news, Nomura Instinet analyst Mark Kelley released his monthly digital music tracker, which included all the latest numbers for Pandora, Spotify...
-
Wedbush: Pandora Investor Reaction Suggests 'Sirius' Problem With M&A Deal
Tuesday, September 25, 2018 - 12:19pm | 712Read More...In a move that may be confusing to some investors, shares of Pandora Media Inc (NYSE: P) closed Monday down by more than 1 percent at $8.98 despite a firm acquisition offer from Sirius XM Holdings Inc (NASDAQ: SIRI) at an implied price of $10.14 per share. There may be some logic behind the...
-
SiriusXM To Buy Remaining Pandora Shares For $3.5B
Monday, September 24, 2018 - 9:09am | 422Read More...As long speculated, Sirius XM Holdings Inc (NASDAQ: SIRI) will round out its 15-percent stake in Pandora Media Inc (NYSE: P) by acquiring all remaining shares for $3.5 billion in stock. What Happened By unanimous board approval, Pandora shareholders will receive 1.44 newly issued SiriusXM...
-
Pandora's Strategy 'Begins To Gel,' Barrington Says In Upgrade
Wednesday, August 1, 2018 - 10:56am | 336Read More...Streaming music provider Pandora Media Inc (NYSE: P) reported Tuesday a top-and-bottom-line beat in its second-quarter results, but perhaps more important confirmation its new strategy "begins to gel," according to Barrington. The Analyst Barrington Research's James Goss upgraded...
-
Chart: Apple Music Is Losing Ground To Spotify
Monday, July 30, 2018 - 10:55am | 423Read More...Apple, Inc. (NASDAQ: AAPL)’s streaming service Apple Music has spent significant time in the limelight lately, from Drake’s achievements with "Scorpion" to the recent HomePod advertisement with DJ Khaled. Spotify Technology (NYSE: SPOT) continues to drive competition...
-
What Did Drake Pocket From 10 Billion Apple Music Streams Of 'Scorpion'?
Friday, July 27, 2018 - 1:00pm | 537Read More...Canadian rapper Drake is at the top of the industry: from the viral spread of the “In My Feelings" challenge to the release of his new album, Drake’s music is enjoyed at high volumes. Ten billion times, to be exact. What Happened With his latest album "Scorpion," Drake...
-
Morgan Stanley: Pandora's Path To Revenue Growth Isn't Guaranteed
Saturday, July 7, 2018 - 11:08am | 471Read More...Streaming music provider Pandora Media Inc (NYSE: P) is the leader within the growing U.S. digital audio ad market, but a path toward long-term revenue growth and positive free cash flow isn't a certainty, according to Morgan Stanley. The Analyst In a July 3 note, Morgan Stanley's...
-
Spotify Hires TV Producer Dawn Ostroff: What It Means For Investors
Wednesday, June 27, 2018 - 10:20am | 409Read More...Streaming music provider Spotify Technology SA (NYSE: SPOT) named notable producer Dawn Ostroff as its new chief content officer. If anything, the move signals Spotify's recommitment to original video content, according to Wells Fargo. The Analyst Wells Fargo's Peter Stabler...
-
Spotify Is The Streaming Music Leader, Barclays Says In Bullish Initiation
Tuesday, June 26, 2018 - 11:16am | 398Read More...Spotify Technology SA (NYSE: SPOT)'s status as a best-in-class streaming music provider with a superior user experience is one of many reasons why investors can expect the stock to continue to gain value, according to Barclays. The Analyst Barclays' Ross Sandler initiated coverage of...
-
Pivotal Turns Neutral On Sirius XM, Says Liberty Sirius Is A Better Strategy
Tuesday, June 19, 2018 - 3:45pm | 414Read More...After holding a bullish stance on Sirius XM Holdings Inc (NASDAQ: SIRI) since early 2010, Pivotal Research Group is moving to the bench. The Analyst Pivotal's Jeffrey Wlodarczak downgraded Sirius XM from Buy to Hold with an unchanged $7.75 price target. The Thesis Sirius XM's stock is...
















