Seaport Global Downgrades Sirius XM Holdings to Sell, Announces $4.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Seaport Global analyst David Joyce has downgraded Sirius XM Holdings (NASDAQ:SIRI) from Neutral to Sell and set a price target of $4.5.
July 21, 2023 | 1:48 pm
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NEGATIVE IMPACT
Sirius XM Holdings has been downgraded from Neutral to Sell by Seaport Global, with a price target of $4.5.
The downgrade from Neutral to Sell by Seaport Global indicates a negative outlook for Sirius XM Holdings. The price target of $4.5 also suggests that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100