Sirius XM Holdings shares are trading lower. Evercore ISI Group upgraded the stock from Underperform to In-Line but lowered its price target from $4.25 to $3.25.
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings shares are trading lower after Evercore ISI Group upgraded the stock from Underperform to In-Line but lowered its price target from $4.25 to $3.25.
June 24, 2024 | 2:26 pm
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Sirius XM Holdings shares are trading lower following an upgrade from Evercore ISI Group from Underperform to In-Line, accompanied by a lowered price target from $4.25 to $3.25.
The downgrade in the price target from $4.25 to $3.25 by Evercore ISI Group, despite the upgrade in rating, suggests a negative outlook on the stock's potential, leading to a short-term decline in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100