Shares of Pandora (P) are up 1.5% premarket after catching a needed upgrade from Morgan Stanley...

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

Shares of Pandora (P) are up 1.5% premarket after catching a needed upgrade from Morgan Stanley to Overweight from Equalweight on valuation. Morgan's $16 price target on shares stands in stark contrast to BTIG's mark of $3.75 - announced earlier this week and centered in part on Pandora's lack of Facebook integration.