Maxim Group Boosts PT on Liberty Media (LMCA) to $159

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Maxim Group raised its price target on Buy-rated Liberty Media (NASDAQ: LMCA) from $149 to $159 following Q4 results which highlighted a simplified structure following the Starz spin-off.

Analyst John Tinker highlighted a "double buyback." According to Tinker, "LMCA buying back its own stock and effectively buying more SIRI at a discounted $2.30 a share, while SIRI is also buying back its own stock"

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

Shares of Liberty Media closed at $107.55 yesterday, with a 52 week range of $79.22-$124.34.

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