SATWAVES

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...

Exclusive: RBC Capital’s David Bank To Weigh In On Sirius XM (SIRI)

by Demian Russian RBC Capital Markets Global Media Analyst, David Bank will be discussing Sirius XM (Nasdaq: SIRI) in an exclusive, live interview on tonight's Satwaves Radio Show at 9:00pm EST, Feb. 24th. On the eve before the Satellite Radio provider's Q4 earnings call, Mr. Bank will be discussing his thoughts on the company's pre-announced metrics as well as what he will be looking for in the Q4 results and conference call, scheduled for 8:00am EST tomorrow morning. Satwaves will be presen...

Putting a Valuation on Sirius XM (SIRI)

By Brandon Matthews Over the past year, Sirius XM Radio (Nasdaq: SIRI) investors have become a bit more sophisticated, perhaps to their own detriment. The trouble with Sirius XM is that its common stock has never traded on valuation. There seems to be an attitude towards Sirius XM by some that suggest the share price may have topped out in recent days. Just two years ago both Sirius and XM were hemorrhaging cash. Neither company could imagine a day when it reported positive free cash flow ...

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...

Arbitron Study Finds Sirius XM Has Over 35 Million Smart and Rich Listeners

by Demian Russian A recent Arbitron study of Satellite Radio subscribers, which was conducted in October and November of last year, shows that Sirius XM (Nasdaq: SIRI) Satellite Radio has over 35 Million "premium" listeners. The results of the study, which were released today, clearly show that Satellite Radio listeners are smarter, richer and more receptive than those that listen to AM/FM. The Arbitron study found that 32 million of the over 35 million total listeners to Satellite Radio w...