Movers roundup: Pandora, Netgear

Movers roundup: Pandora shares rise on upgrade; Netgear shares fall on downgrade

Associated Press

Among the stock activity stories for Wednesday, June 26, from AP Business News:

— Shares of Pandora Media Inc. got a boost after a Cowen analyst upgraded the Internet radio company citing ad revenue gains and what's likely a "manageable" threat from Apple Inc.'s iTunes Radio service.

— Netgear Inc. shares took a hit after a Goldman Sachs analyst downgraded the networking equipment maker to "Sell" from "Neutral."

— The Hartford Financial Services Group Inc.'s shares rose after the insurance company said that it will raise its dividend and buy back more shares.

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