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Sirius Satellite Radio Inc. (SIRI) [hlAlert]

up 5.57 %

Sirius Satellite Radio Inc. (SIRI) rated Buy

Posted on: Wednesday,  Dec 5, 2007  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Sirius Satellite Radio Inc. (NASDAQ: SIRI) on 12/05/2007, when the stock price was $3.59.
Since then, Sirius Satellite Radio Inc. has gained 5.57% as of 10/22/2015's recent price of $3.79.
If you would have followed this Stifel Nicolaus's recommendation on SIRI, you would have gained 5.57% of your investment in 2878 days.

Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting in the United States, its music, sports, news, talk, entertainment, traffic and weather channels for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. On July 28, 2008, its wholly owned subsidiary, Vernon Merger Corporation, merged (the Merger) with and into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite Radio Holdings Inc. became its wholly owned subsidiary. The SIRIUS system consists of three in-orbit satellites, approximately 120 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 700 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2007 9:25 AM Buy
3.59 4.25
as of 8/27/2015
1 Week down  -3.80 %
1 Month down  -1.81 %
3 Months down  -2.57 %
1 YTD up  8.59 %

(*) Stock Price at the time of the recommendation.
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