Deutsche Bank Downgrades Sirius XM Holdings to Sell, Announces $6.25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Bryan Kraft has downgraded Sirius XM Holdings (NASDAQ:SIRI) from Buy to Sell and set a price target of $6.25.
July 21, 2023 | 10:48 am
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NEGATIVE IMPACT
Sirius XM Holdings has been downgraded to Sell by Deutsche Bank with a price target of $6.25.
The downgrade from Buy to Sell by Deutsche Bank is a negative signal for Sirius XM Holdings. The new price target of $6.25 may also suggest that the analyst expects the stock price to decrease in the short term. This could potentially lead to a negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100