Liberty SiriusXM Group shares are trading higher after Seaport Global upgraded the stock from Neutral to Buy and announced a $36 price target.
Portfolio Pulse from Benzinga Newsdesk
Liberty SiriusXM Group's stock (LSXMA) is trading higher following an upgrade to Buy from Seaport Global, with a new price target set at $36.
April 29, 2024 | 5:16 pm
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Liberty SiriusXM Group's stock has been upgraded to Buy by Seaport Global, with a price target of $36, indicating a positive outlook.
The upgrade by Seaport Global to a Buy rating and the establishment of a $36 price target for Liberty SiriusXM Group (LSXMA) directly impacts investor sentiment and the stock's market perception. Such analyst upgrades typically lead to increased investor interest and can drive the stock price higher in the short term, as it reflects a positive outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100