Deutsche Bank Maintains Buy Rating for Liberty SiriusXM Gr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Deutsche Bank has maintained its Buy rating for Liberty SiriusXM Gr (NASDAQ:LSXMA) but lowered its price target from $58.00 to $57.00. The current share price is $31.55, and a move to $57.00 would represent an 80.64% increase. Liberty SiriusXM Gr provides subscription-based satellite radio services in the US and Canada.

June 28, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Deutsche Bank maintains its Buy rating for Liberty SiriusXM Gr but lowers its price target. This could potentially lead to increased investor interest and a rise in the stock price.
Analyst ratings can significantly influence investor sentiment. In this case, Deutsche Bank, a major financial institution, has maintained a Buy rating for LSXMA, indicating a positive outlook. However, they have lowered their price target, which might suggest a slightly less optimistic future performance than previously expected. Still, the new target price represents a significant increase from the current price, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100