SATWAVES

BGB Securities’ Murray Arenson Initiates Sirius XM (SIRI) Coverage With A Buy Rating

by Demian Russian BGB Securities Media Analyst, Murray Arenson initiated coverage of Sirius XM (NASDAQ:SIRI) today with a BUY rating and a $1.15 price target. In his report, Mr Arenson argues that Sirius XM "is now a solid cash flow growth story." He notes positive subscriber growth, an improving OEM sector, penetration into the pre-owned auto market, incremental revenue from royalty pass-throughs, cost-cutting merger related synergies and a "substantially improved" balance sheet. Arenson ...

Barrington’s Jim Goss Raises Sirius XM (SIRI) Price Target

by Demian Russian In a research note issued on the heels of Sirius XM's (Nasdaq: SIRI) Q4 earnings report, Jim Goss of Barrington Research remains bullish on the Satellite Radio provider. Maintaining his OUTPERFORM rating on shares of Sirius XM, the analyst upgraded his target price from $1.10 to $1.25, citing "positive developments that include greater recognition of its improving fundamentals on the part of both equity and fixed income observers." In the report, Mr. Goss discusses Si...

Satwaves Radio to Interview Professor of Law, Antony Page Live Tonight at 9:00PM EST

by Demian Russian Satwaves Radio will be conducting an exclusive live interview with Indiana University School of Law Professor of Law, Antony Page tonight at 9:00 PM EST. An expert in Securities Regulation, Professor Page will be discussing the Nasdaq's recently updated rules, as well as the hearing and appeal processes for non-compliant companies. Professor of Law, Antony PageAntony Page is a Professor of Law at Indiana University School of Law in Indianapolis. He primarily teaches and...

Wunderlich Raises Liberty Capital Price Target Due to Sirius XM’s Strength

by Demian Russian Wunderlich Securities' Senior Media & Entertainment Analyst, Matthew Harrigan raised his price target on shares of Liberty Capital Group (NASDAQ: LCAPA) to $36.00 from $28.50 today, largely due to the recent strength of Sirius XM Radio (NASDAQ: SIRI). Liberty Capital holds a 40% stake in Sirius XM. In a research note issued today, Mr. Harrigan notes the recent upward move in shares of SIRI and argues that "LCAPA is likely lagging the SIRIUS price move off concern t...

Monetta Mutual Funds CEO Robert Bacarella To Discuss Sirius XM on Satwaves Radio Tonight, Jan. 6th 2010 at 9:00PM EST

by Demian Russian Monetta Mutual Funds President, Chairman, Cheif Executive Officer and Portfolio Manager, Robert S. Bacarella will be interviewed live on Satwaves Radio tonight, January 6th, at 9:00PM Eastern. His Monetta Young Investor Fund (MYIFX) was just awarded Morningstar's prestigious 5 Star Rating today. Mr. Bacarella will be sharing his thoughts on Sirius XM (NASDAQ: SIRI), which the funds that he manages have a substantial position in. He will be sharing his views about the company...