Sirius XM Holdings (SIRI) Gets a Buy Rating from Pivotal Research


Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Sirius XM Holdings (SIRI) today and set a price target of $7.50. The company’s shares closed last Thursday at $5.88.

According to TipRanks.com, Wlodarczak is a 5-star analyst with an average return of 9.0% and a 61.3% success rate. Wlodarczak covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Liberty Media Liberty SiriusXM, and Liberty Sirius XM Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sirius XM Holdings with a $6.62 average price target, implying a 9.1% upside from current levels. In a report issued on July 21, Deutsche Bank also maintained a Buy rating on the stock with a $7.50 price target.

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The company has a one-year high of $7.40 and a one-year low of $4.11. Currently, Sirius XM Holdings has an average volume of 30.04M.

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Sirius XM Holdings, Inc. is a radio company. The company offers music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. Its brand channels include SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation and SiriusXM Marine. The company was founded in 1990 and is headquartered in New York, NY.

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