Rosenblatt Maintains Neutral on Sirius XM Holdings, Raises Price Target to $3.4
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett maintains a Neutral rating on Sirius XM Holdings (NASDAQ:SIRI) and raises the price target from $4.5 to $3.4.

May 01, 2024 | 12:42 pm
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Rosenblatt has maintained a Neutral rating on Sirius XM Holdings and increased the price target to $3.4 from $4.5.
The adjustment in price target by Rosenblatt reflects a revised valuation perspective on Sirius XM Holdings, although the Neutral stance indicates no expected significant short-term price movement. The increase in price target suggests a slightly more optimistic outlook on the company's value, but the neutral rating implies that the analyst sees the stock as fairly valued at its current price, leading to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100