Albert Fried & Company upgraded Pandora (NYSE: P) from Underweight to Overweight with a price target of $20.00 (from $11.00).

For an analyst ratings summary and ratings history on Pandora click here. For more ratings news on Pandora click here.

Shares of Pandora closed at $13.44 yesterday.

Analyst PT Change Upgrades

Pandora (P) Overhang Removed, Focus on New Foreign Markets - RosenblattDecember 18, 2015 10:00 AM Nomura Securities Remains Sidelined on Pandora (P) as CRB's Ruling Came Roughly In-Line with Expectations December 17, 2015 9:58 AM Wedbush Reiterated Outperform on Pandora (P) Following CRB Determination December 17, 2015 8:32 AM FBR Capital Upgrades Pandora (P) to Market PerformDecember 17, 2015 8:30 AM CRB Ruling Brings Clarity to Pandora (P) - BMO Capital Raises PT to $16 December 17, 2015 7:47 AM CRB Decision Hands Pandora (P) a 'Hat Trick' - Needham & Company Reiterates Buy December 17, 2015 7:28 AM Pandora (P) Investors 'Happy' as CRB Ruling now in Rear-View Mirror - RBC's MahaneyDecember 17, 2015 7:16 AM Pandora (P) Comments on 15% Rate Increase Following CRB Ruling; Calls 'Balanced Rate That We can Grow From'December 16, 2015 6:28 PM Copyright Royalty Board Issues Ruling in “Web-IV” Pandora Rate CaseDecember 16, 2015 6:23 PM Pandora (P) Surges After Intial Knee-Jerk Lower on CRB Decision December 16, 2015 5:40 PM Market Wrap: Fed Hikes Rates; Valeant Trims Outlook; BATS to Try Another IPO; Industrial Production Lagged in Nov.December 16, 2015 5:27 PM CRB Issues Decision Related to Pandora (P); 2016 Rate is $0.0017-$0.0022December 16, 2015 5:14 PM Pandora (P) Postpones Conference Call Related to CRB DecisionDecember 16, 2015 4:11 PM Pandora Postpones Conference Call Pending Release of Copyright Royalty Board Web IV DecisionDecember 16, 2015 4:11 PM Pandora (P) Gains Ahead of Imminent CRB DecisionDecember 16, 2015 1:17 PM Pandora's (P) Big Day is Today, Here is What to Look For - PiperJafrayDecember 16, 2015 8:44 AM