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Stock Market & Financial Investment News

News Breaks
May 14, 2014
06:24 EDTPPandora upgraded to Outperform from Market Perform at Raymond James
Price target is $31.
News For P From The Last 14 Days
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March 26, 2015
07:24 EDTPWells Fargo to hold a forum
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March 25, 2015
19:21 EDTPApple, Beats working on streaming music service to rival Spotify, NY Times says
Apple (AAPL) is working with Beats to introduce a subscription streaming service to compete directly with services such as Spotify, according to the New York Times, citing people briefed on the company’s plans. Additionally, Apple is expected to overhaul iTunes Radio, the free service that competes with Pandora (P), the Times added. Reference Link
March 24, 2015
08:43 EDTPBullish Pandora argument 'not compelling,' says FBR Capital
FBR Capital believes the bullish argument that Pandora's earnings could support the stock under a SoundExchange Copyright Royalty Board victory scenario is "not compelling." FBR sees a "high probability" that rates are set well above current levels, which it views as a potential "meaningful headwind" for Pandora shares. It keeps an Underperform rating on the name with an $11 price target. It believes SoundExchange has the "inside track" in the CRB proceeding.
March 23, 2015
16:00 EDTPAmazon adds Pandora-like stations to Prime Music app, The Verge reports
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March 18, 2015
10:00 EDTPOn The Fly: Analyst Upgrade Summary
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09:23 EDTPOn The Fly: Pre-market Movers
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06:28 EDTPPandora upgraded to Buy from Fair Value at CRT Capital
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March 13, 2015
09:58 EDTPPandora calls active on renewed takeover chatter
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09:52 EDTPRumor: Pandora moves up on renewed takeover speculation
March 12, 2015
07:45 EDTPMKM Partners more bullish on Pandora following analyst day
MKM Partners is incrementally more bullish on Pandora following last week's analyst day. The firm sees many paths to listener and audience growth and value to music makers, which is not well understood by investors. MKM expects the CRB will remain a focus until a decision is reached, likely in December, but believes a disruptive outcome to either side is unlikely. The firm recommends building positions ahead of the summer timeframe where the CRB will likely be a discussion among investors. Shares are Buy rated with a $23 price target.

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