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Fly News Breaks for February 23, 2018
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Feb 23, 2018 | 08:37 EDT
Cowen analyst John Blackledge said Pandora reported better than expected topline and EBITDA in Q4, but its guidance was worse than expected due to soft listener trends. Noting the company provided updated plans to improve the trends longer-term, Blackledge maintained his Market Perform rating and lowered his price target to $4 from $6 on Pandora shares.
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