(Updates from 2:58 p.m. ET with closing information.)NEW YORK ( TheStreet) -- Pandora Media (P - Get Report) shares popped 7.3% to $16.23 after the music streaming website announced that its Internet services are currently available in more than 100 car models.
BlackBerry (BBRY - Get Report) shares gained 2.3% to $14.43 as yet another analyst posted a positive report heading into earnings later this week. RBC Capital Markets analyst Mark Sue, who rates shares "sector perform" with an $18 price target, noted earnings might offer something for the bulls and bears, with concerns on handset sales and service revenue worries. He expects BlackBerry to earn 9 cents per share on $3.5 billion in revenue. It comes down to whether or not BB10 is the important turn in the corner or whether near-term units are based on initial sell-in to the channel," Sue wrote in the report. "Key metrics remain gross margins (is BlackBerry cutting deals?); operating margins (is BlackBerry spending to push each incremental unit?) and channel inventories."
Apple (AAPL - Get Report) shares were lower, off 0.22% to $401.66 on concerns about near-term iPhone sales. Oppenheimer analyst Ittai Kidron lowered his earnings estimate for the June quarter, and cut his price target to $460 from $480, and now expects Apple will sell 26 million iPhones in the quarter, down from 27 million previously. "We're adjusting our June estimates accordingly (lower ASP on mix shift/slight unit cut) to slightly below consensus," Kidron wrote in the note. "We're also significantly pushing back our iPhone estimates for the September quarter as our previous expectation for the timing of a new iPhone release looks overly optimistic."