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Fly News Breaks for January 8, 2016
P
Jan 8, 2016 | 08:05 EDT
Canaccord noted Pandora's listener hours growth re-accelerated in November and believes July and August may prove to have been a bottom. The firm finds the overall Q4 growth rates encouraging and believes a December performance in line with previous years would lead to solid overall Q4 growth and improving investor sentiment. Canaccord reiterated its Buy rating and $24 price target on Pandora shares.
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