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Fly News Breaks for January 7, 2020
Jan 7, 2020 | 16:07 EDT
Sirius XM this morning reported Q4 subscriber results and 2020 guidance that overall were "solid," Pivotal Research analyst Jeffrey Wlodarczak tells investors in a research note. The analyst, who reminds investors that historically management has been conservative on January guidance, upped his price target for Sirius shares to $8.25 from $8.00. He says his positive investment thesis remains unchanged and keeps a Buy rating on the name.