Sirius XM Radio, Inc. (SIRI) Reports In-Line Q1 EPS

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Sirius XM Radio (SIRI) Price Target Lowered at Pivotal Research

April 25, 2014 9:49 AM EDT

Pivotal Research reiterated a Buy rating on Sirius XM Radio (NASDAQ: SIRI) but reduced its price target of $3.75 (from $4.25). Analyst Jeffrey Wlodarczak said he was taking a "much more conservative stance" on estimates.

"Despite the fact it appears that SIRI has not seen significant churn... More