Benchmark Maintains Buy on Sirius XM Holdings, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Matthew Harrigan maintains a Buy rating on Sirius XM Holdings (NASDAQ:SIRI) but lowers the price target from $7 to $6.5.

March 27, 2024 | 12:19 pm
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NEUTRAL IMPACT
Benchmark maintains a Buy rating on Sirius XM Holdings but lowers the price target from $7 to $6.5.
While the maintenance of a Buy rating indicates continued confidence in the company's fundamentals, the reduction in the price target could suggest a tempered outlook on the stock's short-term price performance. This mixed signal might lead to neutral market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100