Citi analyst Jason Bazinet raised the firm’s price target on Sirius XM (SIRI) to $4.10 from $3.60 and keeps a Sell rating on the shares. The analyst continues to believe the merger between Sirius XM and Liberty SiriusXM will close in Q3 of 2024, in line with management expectations. As such, the firm believes the market should treat shares of both as a single entity.
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