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Fly News Breaks for February 10, 2016
P
Feb 10, 2016 | 08:47 EDT
Canaccord lowered its price target on Pandora citing competitive concerns from Spotify as well as expectations for lower EBITDA due to higher publishing royalties and the impact of recent acquisitions. Canaccord maintained its Buy rating on Pandora shares as the firm expect the company's headwinds to moderate.
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