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Sirius Satellite Radio Inc. (SIRI) [hlAlert]

Rating:
Overweight
SIRI
up 20.31 %

Sirius Satellite Radio Inc. (SIRI) rated Overweight with price target $4.60 by Barclays

Posted on: Friday,  Aug 14, 2015  2:25 PM ET by Barclays

Barclays rated Overweight Sirius Satellite Radio Inc. (NASDAQ: SIRI) on 08/14/2015. Previously Barclays rated Overweight Sirius Satellite Radio Inc. (NASDAQ: SIRI) on
03/26/2014., when the stock price was $3.15. Since then, Sirius Satellite Radio Inc. has gained 20.32% as of 10/22/2015's recent price of $3.79.
If you would have followed the previous Barclays's recommendation on SIRI, you would have gained 20.31% of your investment in 575 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2015 2:25 PM Buy
None
3.95 4.60
as of 8/27/2015
1 Week down  -3.80 %
1 Month down  -1.81 %
3 Months down  -2.57 %
1 YTD down  -4.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2014 12:00 AM Buy
None
3.15 4.00

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