Wunderlich Securities is downgrading SIRIUS XM Radio SIRI to Hold and lowering its target to $1.65 as “SIRI's current stock market valuation likely cannot accommodate the uncertainty engendered by the suit – even if it ends up being meritless.”
SIRIUS XM Radio currently trades at $1.65.
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Posted In: Analyst RatingsBroadcasting & Cable TVConsumer DiscretionarySirius XM RadioWunderlich Securities
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