Pivotal Research Upgrades Sirius XM Radio (SIRI) to Buy, 'Free Cash Flow Acceleration Story'

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Citi Upgrades Sirius XM Radio (SIRI) to Neutral, 'risk-reward is balanced at prevailing levels'

April 24, 2024 3:19 AM EDT

(Updated - April 24, 2024 4:52 AM EDT)

Citi analyst Jason Bazinet upgraded Sirius XM Radio (NASDAQ: SIRI) to Neutral from Sell with a price target of $3.30 (from $4.10).

The analyst comments "We are lowering our target multiple for SIRI from 9x to 8x to... More

Citi Downgrades Liberty SiriusXM (LSXMA) to Neutral, 'fairly balanced at prevailing levels'

April 24, 2024 3:19 AM EDT

(Updated - April 24, 2024 4:50 AM EDT)

Citi analyst Jason Bazinet downgraded Liberty SiriusXM (NASDAQ: LSXMA) from Buy to Neutral with a price target of $28.00 (from $35.00).

The analyst comments "We rate LSXMA a Neutral. Since the agreed upon merger between SIRI and... More