Sirius XM Holdings shares are trading higher after Seaport Global upgraded the stock from Neutral to Buy and announced a $4.3 price target.
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings' stock price increased following an upgrade from Neutral to Buy by Seaport Global, with a new price target of $4.3.
April 29, 2024 | 2:34 pm
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Sirius XM Holdings' stock price is likely to experience a short-term increase following the upgrade from Neutral to Buy by Seaport Global, accompanied by a new price target of $4.3.
Stock upgrades by reputable financial institutions like Seaport Global typically lead to a positive short-term reaction in the stock market. The new price target of $4.3 suggests a bullish outlook on the stock, likely encouraging investors to buy shares, thus driving up the price.
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