Pivotal Research Maintains Buy on Sirius XM Holdings, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Pivotal Research has maintained a Buy rating on Sirius XM Holdings but lowered the price target from $40 to $37.
November 01, 2024 | 7:42 pm
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NEUTRAL IMPACT
Pivotal Research maintains a Buy rating on Sirius XM Holdings but reduces the price target from $40 to $37, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Sirius XM Holdings, but the lowered price target indicates a slightly less optimistic view on its future performance. This could lead to neutral short-term price movement as the positive Buy rating is offset by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100