B of A upgrades Sirius XM Radio

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Sirius XMBank of America upgraded shares of Sirius XM Radio to a buy rating in a report released on Friday. Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie upgraded shares of Sirius XM Radio from a neutral rating to an outperform rating in a research note on Friday, March 7th. They now have a $4.00 price target on the stock, up previously from $3.55. They noted that the move was a valuation call. Separately, analysts at Wunderlich downgraded shares of Sirius XM Radio from a buy rating to a hold rating in a research note on 2/5. They now have a $3.80 price target on the stock, down previously from $4.20. Finally, analysts at Barclays downgraded shares of Sirius XM Radio from an overweight rating to an equal weight rating in a research note on 1/14. They now have a $4.00 price target on the stock, down previously from $4.50. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Sirius XM Radio currently has an average rating of Buy and an average target price of $4.46, notes TicketReport.com.