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Fly News Breaks for February 6, 2020
SIRI
Feb 6, 2020 | 16:23 EDT
Credit Suisse analyst Brian Russo downgraded Sirius XM to Neutral from Outperform with the stock within 4% of his $7.50 price target. While there is no change to his view of Sirius XM as a "unique asset with a compelling business model," Russo sees a more balanced risk/reward at the stock's current valuation, he tells investors.
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