Sirius XM shares are trading higher. Rosenblatt raised its price target on the stock from $4.1 to $5. Also, Dave Portnoy tweeted "Hey @SIRIUSXM Let's talk."
Portfolio Pulse from Benzinga Newsdesk
Sirius XM shares are trading higher after Rosenblatt raised its price target on the stock from $4.1 to $5. Additionally, Dave Portnoy, a popular media personality, expressed interest in talking with Sirius XM via a tweet.
August 10, 2023 | 3:17 pm
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POSITIVE IMPACT
Sirius XM's stock price is likely to increase in the short term due to the raised price target by Rosenblatt and potential discussions with Dave Portnoy.
Rosenblatt's raised price target indicates a positive outlook for Sirius XM's stock. This, coupled with Dave Portnoy's tweet, could attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100