Wunderlich Maintains Buy on Liberty Capital (LCAPA)

Wunderlich is out with its report today on Liberty Capital LCAPA, maintaining Buy. In a note to clients, Wunderlich writes, "We maintain our Buy rating on Liberty Capital and $85 target even as we assess the implications of yesterday's lawsuit filing against Sirius XM Radio SIRI by Howard Stern's One Twelve, Inc. production entity and agent Don Buchwald. The suit was for nonpayment of incentive stock awards for each increment of two mm subscribers above internal targets." Shares of LCAPA closed Tuesday at $73.68.