Analyst Actions: Coverage Initiated on Pandora Media (P), El Paso (EP)
It’s a fairly light morning from the analysts this morning with Pandora Media (P), a provider of streaming media directly to consumers was initiated by Needham as a BUY. Pandora IPOd in the fall to a lot of fanfare. Needham also initiated coverage on Manning & Napier (MN) with a Buy Recommendation. Manning & Napier, Inc. provides investment management products and services in the United States. It offers a range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds.
Jeffries initiated coverage on 2 companies this morning, El Paso Corp (EP) as a Hold and IPC The Hospitalist (IPCM) also as a as a Hold. IPCM was recently upgraded to Neutral by Ford Research. IPC The Hospitalist Company, Inc., through its subsidiaries, provides hospitalist services in the United States. The 8 firms that currently cover IPCM have a consensus bullish sentiment on the stock, which has been steadily rising since October with the StarMine score being 8.4 (of a possible 10). The conmpany currently does not pay a dividend.