Pandora Media Facing Higher Costs, Buyout In 2016?

By | January 4, 2016

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Pandora Media (P) stock on Monday got its second price-target cut and rating downgrade in less than two weeks, driving down the stock price of the online music service and raising the specter of a buyout. Near-term profits will be crimped by Pandora’s increasing investments, said SunTrust Robinson Humphrey analyst Robert Peck in an industry note released Monday. “Pandora’s focus on new interactive service and international expansion require direct Scalper1 News

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