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Fly News Breaks for June 25, 2015
P
Jun 25, 2015 | 08:49 EDT
Canaccord said Pandora's music business is progressing nicely within the context of a rapidly changing music industry. The firm said shares are reflecting a negative outcome of a CRB decision regarding new rates, but it believes the range of outcomes is fairly narrow. Canaccord reiterated its Buy rating and $26 price target on Pandora shares.
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