Pandora Media Inc (NYSE:P), was upgraded by stock analysts at MKM Partners from a “neutral” rating to a “buy” rating in a report issued on Monday,TheFlyOnTheWall.com reports. The firm currently has a $32.00 price objective on the stock, down from their previous price objective of $39.00. MKM Partners’ price target points to a potential upside of 34.62% from the stock’s previous close. Pandora Media Inc (NYSE:P), net profit margin is -9.80% and weekly performance is 6.54%. On last trading day company shares ended up $23.62. Analysts mean target price for the company is $35.15. Pandora Media Inc (NYSE:P), distance from 50-day simple moving average (SMA50) is -19.47%.
On May 05, 2014, Rite Aid Corporation (NYSE:RAD), announced that Matt Lynch, an information technology executive with nearly 30 years’ experience, is joining Rite Aid as senior vice president and chief information officer. Rite Aid Corporation (NYSE:RAD), fell 0.64% in last trading session and ended the day on $7.77. RAD, Gross Margin is 28.70% and its return on assets is 3.10%. Rite Aid Corporation (NYSE:RAD), quarterly performance is 33.73%.
For internet radio company Sirius XM Holdings Inc. (NASDAQ:SIRI), the changing nature of consumer tastes translates into business challenges. Sirius XM Holdings Inc. (NASDAQ:SIRI), shares moved down 1.62% in last trading session and was closed at $3.22, while trading in range of $3.20 – 3.28. Sirius XM Holdings Inc. (NASDAQ:SIRI), year to date (YTD) performance is -7.83%.
On May 08, 2014, The Wendy’s Co (NASDAQ:WEN), a quick-service restaurant chain, announced earnings for the first quarter of fiscal 2014 (1QFY14). Consolidated revenues came in at $523.2 million, a drop of 13.3% from the prior year’s comparable figure of $603.7 million. Analysts had expected revenues to be even lower though, at $502.7 million. Wendy’s is down more than 1% following a pre-market rally of 3.7%. The stock has declined as guidance has been revised down. The Wendy’s Co (NASDAQ:WEN), ended the last trading day at $8.18. Company weekly volatility is calculated as 2.87% and price to cash ratio as 2.17. The Wendy’s Co (NASDAQ:WEN), showed a negative weekly performance of 1.80%.
The U.S Giant Hertz Global Holdings, Inc. (NYSE:HTZ), has won a 3-year contract from New Zealand government. Contracts binds Hertz to provide car rental services to all government agencies in New Zealand also making available other products and solutions of the company. Hertz Global Holdings, Inc. (NYSE:HTZ), net profit margin is 6.50% and weekly performance is -0.07%. On last trading day company shares ended up $28.73. Analysts mean target price for the company is $30.56. Hertz Global Holdings, Inc. (NYSE:HTZ), distance from 50-day simple moving average (SMA50) is 4.93%.