Sirius XM (SIRI) Tops Q3 EPS by 2c, Slight Beat on Revenues; Boosts FY17 Revenue, Adj. EBITDA & FCF Guidance

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Go back to Sirius XM (SIRI) Tops Q3 EPS by 2c, Slight Beat on Revenues; Boosts FY17 Revenue, Adj. EBITDA & FCF Guidance

Sirius XM Radio (SIRI) PT Raised to $6.50 at Macquarie

October 26, 2017 8:15 AM EDT

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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