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Fly News Breaks for March 28, 2016
P
Mar 28, 2016 | 13:02 EDT
Wedbush analyst Michael Pachter says Pandora Media's long-term model remains "sound" despite investor concerns following the changes to management. The analyst continues to expect Pandora's long-term strategy to drive profitability. He keeps an Outperform rating on the shares with a $15 price target.
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