Seaport Global Upgrades Liberty SiriusXM Gr to Buy, Announces $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst David Joyce upgrades Liberty SiriusXM Gr (LSXMA) from Neutral to Buy with a $36 price target.
April 29, 2024 | 1:30 pm
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Liberty SiriusXM Gr was upgraded by Seaport Global from Neutral to Buy with a new price target of $36.
Upgrades by analysts, especially from Neutral to Buy, typically signal a positive outlook on the stock, suggesting an expectation of outperformance in the near term. The setting of a $36 price target further indicates a specific expectation for stock price appreciation, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100