Sirius XM Radio (SIRI) PT Raised to $6.50 at Macquarie
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Price: $30.51 +1.87%
Rating Summary:
13 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
13 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Macquarie raised its price target on Sirius XM Radio (NASDAQ: SIRI) to $6.50 (from $6.00) while maintaining a Outperform rating following beat and raise.
Analyst Amy Yong said its solid growth profile, emerging digital initiatives, and capital return program support its above-peer multiple.
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