A reeling Pandora has yet another reason to cry... Apple Music.
Apple recently announced at its latest developers' conference that it will be launching Apple Music, a brand new streaming service, and will also let subscribers come in for free for a limited time.
A reeling Pandora has yet another reason to cry... Apple Music.
Apple recently announced at its latest developers' conference that it will be launching Apple Music, a brand new streaming service, and will also let subscribers come in for free for a limited time.
Here's what we're going to do about it to profit...
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Pandora Media (NYSE: P) stock climbed as much as 15% today to a high of $37.95, after analysts at Goldman Sachs Group Inc. (NYSE: GS) estimated that the stock could nearly double in the next year.
Goldman Sachs analyst Heath Terry told investors that "if Pandora doubles advertising, increases its mix of local commercials to half of all ads and leverages fixed-content costs," the stock could go as high as $60.
Find out if NYSE: P could turn out to be one of the best investments this year...
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