Pandora (P) racks up a 5% gain after Wedbush Securities chimes in with an Outperform rating and...

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

Pandora (P) racks up a 5% gain after Wedbush Securities chimes in with an Outperform rating and a $14 price target on shares. Analyst Michael Pachter points to a user-growth rate that "easily outpaces" rivals in justifying his bullish stance.