UPDATE: Stifel Nicolaus Lowers PT on Pandora Media on Multiple Risk Factors
June 07, 2013 at 11:18 AM EDT
In a report published Friday, Stifel Nicolaus analyst Jordan Rohan reiterated a Buy rating on Pandora Media (NYSE: P ), but lowered the price target from $24.00 to $20.00. In the report, Stifel Nicolaus noted, “Checks with music industry sources confirm reports that Apple will announce its entry into the
