Goldman Sachs Upgrades Sirius XM to Buy, Raises Target to $37
Photo: TokenPost
Goldman Sachs gave Sirius XM Holdings Inc. (SIRI) a Buy rating in place of Neutral and moved its price target to $37 from $33, pointing to business trends, YouTube revenue potential and spectrum assets. The bank’s rationale included an improving business picture, the possibility of generating revenue through YouTube and the strategic value of Sirius XM’s spectrum holdings. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
