By: Rocco Pendola | 07/02/14 - 11:20 AM EDT
Richard Tullo, an analyst at Albert Fried, has a solid track record on
(P). With a little variation, it pretty much mirrors mine. Bullish when everybody else was bearish, which means we rode the move from the teens into the $30s. And then, as "everybody" jumped on the bandwagon around $35-$40, we hopped off as the stock dove into the low-to-mid $20s.
Tullo is out with a research note this morning, where he reiterates his $20 price target for P, and reacts to the news that Google (GOOG) bought Songza. I agree with everything Rich says here, particularly the first bullet point that recent upside in Pandora stock results from takeover speculation:
09/08/14 - 08:30 AM EDT
09/06/14 - 08:00 AM EDT
09/05/14 - 08:19 AM EDT
09/04/14 - 08:44 AM EDT
09/02/14 - 08:50 AM EDT
09/22/14 - 10:28 AM EDT
09/22/14 - 09:15 AM EDT
09/21/14 - 15:39 PM EDT
09/20/14 - 14:16 PM EDT
09/19/14 - 11:30 AM EDT
David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Access the tool that DOMINATES the Russell 2000 and the S&P 500.