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Pandora (P -2.4%) slumps after Wedbush downgrades shares to Neutral, albeit while lifting its PT...

Pandora (P -2.4%) slumps after Wedbush downgrades shares to Neutral, albeit while lifting its PT to $11.50. The firm expresses concerns about "valuation, competition, and royalty rates," but is also encouraged by an improving ad landscape and continued Web/mobile growth.
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