Miller Tabak Upgrades Sirius XM Radio (SIRI) to Buy, Maintains $2.55 Price Target

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May 18, 2012 1:15 PM EDT
Get Alerts SIRI Hot Sheet
Price: $28.69 +1.06%

Rating Summary:
    13 Buy, 12 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Sirius XM Radio (NASDAQ: SIRI) are holding well in positive territory Friday afternoon as an upgrade from Miller Tabak's David Joyce may be helping buoy the stock. Notably, shares of Sirius fell about 15 percent over the last four trading sessions.

Joyce now rates Sirius shares a Buy, up from Neutral previously. A $2.55 price target was maintained. The analyst downgraded the stock Buy to Neutral as recently as April 3rd.

With shares last trading up 2.7 percent to $1.88, Joyce's price target implies potential upside of about 36 percent.

For an analyst ratings summary and ratings history on Sirius XM Radio click here. For more ratings news on Sirius XM Radio click here.

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