Pandora and Warner Music Group Announce Direct Licensing Agreement

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FBR Capital Reiterates Outperform as Pandora (P) Announces Warner Music Deal

September 16, 2016 11:08 AM EDT

FBR Capital reiterated an Outperform rating and $16.00 price target on Pandora (NYSE: P) following the company's announcement that it has entered into a direct deal with Warner Music. After the company signed several direct deals on September 13th, Pandora said Warner was... More