Since Sirius XM is able to convert roughly 45% of new vehicle owners, Pandora has an opportunity to tap the remaining market.
Comerica is downgraded to 'sell' at Citigroup, and Pandora is initiated with an 'underweight' at Barclays.
Lackluster beer sales give investors a hangover.
The average listener is spending more time with Pandora, and that bodes well for advertising-revenue growth.
The music service is losing money, but it could be reaping the benefits of the growth of mobile.
Kraft is downgraded to 'hold,' Express Scripts is upgraded to 'outperform,' and Altera is initiated with a 'reduce.'
The online reviews site had a great first day of trading, but things have gone downhill since then.
Zynga is downgraded to 'neutral,' and MetroPCS is downgraded to 'market perform.'
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