Pandora (P) +5.6% premarket after Stifel Nicolaus upgrades shares to Buy from Hold with an $18...

|About: Pandora Media (P)|By:, SA News Editor

Pandora (P) +5.6% premarket after Stifel Nicolaus upgrades shares to Buy from Hold with an $18 price target. "Pandora has emerged as a must-have tablet and connected device application," the firm writes, and "is building a major market local sales force to supercharge its mobile monetization efforts... We believe Pandora will show vastly improved monetization this year."