Sirius XM (SIRI) Misses Q2 EPS by 1c; Raises Outoook

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FBR Capital Raises Price Target on Sirius XM (SIRI) and Updates Model Following 2Q

July 27, 2016 7:34 AM EDT

FBR Capital reiterated an Outperform rating on Sirius XM Radio (NASDAQ: SIRI), and raised the price target to $5.00 (from $4.25), following the company's 2Q earnings report. FBR updated the model to 1.73 million net subscriber additions for 2016 to end the year at over 31.32 million subs, up... More