Pivotal Research Upgrades Sirius XM Holdings to Buy, Lowers Price Target to $4.9
Portfolio Pulse from Benzinga Newsdesk
Pivotal Research analyst Jeffrey Wlodarczak upgraded Sirius XM Holdings (SIRI) from Hold to Buy, while lowering the price target from $5.05 to $4.9.

April 24, 2024 | 9:39 am
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Sirius XM Holdings was upgraded from Hold to Buy by Pivotal Research, with a slight decrease in price target from $5.05 to $4.9.
The upgrade to Buy reflects a positive outlook on SIRI by Pivotal Research, indicating a belief in the company's potential for growth or improvement. However, the reduction in the price target, albeit slight, suggests a tempering of expectations regarding the stock's value. This mixed signal could lead to short-term positive momentum due to the upgrade, but the lowered price target may temper gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100