Barrington Research Maintains Sirius Outperform

Loading...
Loading...
Barrington Research maintained its Sirius XM Radio
SIRI
Outperform rating in a research report published today. Barrington Research has a $3 price target on the company. Barrington Research noted in the report that Sirius XM Radio's financial position has greatly improved over the past couple years. "Over this time, the company's debt has been upgraded six notches to a current level of BB. Management noted that it would not be driven to achieve an investment grade rating, instead viewing judicious use of leverage as having benefit to its equity shareholders," Barrington Research stated. Shares of Sirius XM Radio were trading at $2.17 at the time of posting, down 0.91% from Wednesday's market close.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorAnalyst RatingsBarrington ResearchSIRISirius XM Radio
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...