Topeka Capital Initiates Pandora Media With Hold

Analysts at Topeka Capital initiated coverage on shares of Pandora Media (NYSE: P) with a Hold rating.

The target price for Pandora Media is set to $30.

Pandora Media shares have surged 3.92% over the past 52 weeks, while the S&P 500 index has gained 17.49% in the same period.

Pandora Media's shares dropped 0.20% to $25.38 in after-hours trading.