poisar

Stocks · News reference

Deutsche Bank Upgrades Sirius XM Holdings to Buy, Raises Price Target to $45

Benzinga Newsdesk

Deutsche Bank analyst Bryan Kraft upgrades Sirius XM Holdings (NASDAQ:SIRI) from Hold to Buy and raises the price target from $31 to $45.

More stocks newsConnected markets

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

SIRI
Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Billy Duberstein

    Why Sirius XM Holdings Rallied Today

    Sirius XM Holdings surged 7.5% after Deutsche Bank upgraded the stock from 'Hold' to 'Buy' with a $45 price target, citing underappreciated digital advertising opportunities. The upgrade highlights the company's upcoming YouTube partnership for audio advertising and accelerating ad revenue growth (5.1% last quarter), which analysts believe consensus estimates are disregarding. Despite declining subscribers post-COVID, Sirius trades at a low 7.3x free cash flow valuation.

    SIRI