Shares of Pandora (P) gets an upgrade from Morgan Stanley to Overweight from Equalweight on valuation. Morgan put a $16 price target on the shares
Oh....by the way: JP Morgan was one of the lead underwriters of the Pandora IPO on June 15th, which was priced at....you guessed it...$16 a share.
Pandora is up 0.70 to 10.76 today.
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