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FBR Capital Reiterates Outperform as Pandora (P) Announces Warner Music Deal
September 16, 2016 11:08 AM EDTFBR Capital reiterated an Outperform rating and $16.00 price target on Pandora (NYSE: P) following the company's announcement that it has entered into a direct deal with Warner Music. After the company signed several direct deals on September 13th, Pandora said Warner was... More
Oppenheimer Remains Sidelined as Pandora (P) Announces Licensing Deals
September 14, 2016 9:28 AM EDTOppenheimer reiterated a Perform rating on Pandora (NYSE: P) following the company's announced licensing deals with Sony Music, Universal Music, Merlin, and 40+ independent record labels. The new (on-demand) service is expected to launch domestically in 4Q:16, and will pay 65%-70% of its potential revenue to... More
