Benchmark analyst Matthew Harrigan raised the firm’s price target on Sirius XM (SIRI) to $30 from $28 and keeps a Buy rating on the shares following yesterday’s “encouraging” Q3 report, “mild” $25M 2025 guidance increases for revenues, adjusted EBITDA and free cash flow, and conference call discussion relating to the vitality of satellite radio, Pandora and especially SiriusXM’s strong podcasting position.
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