Sirius XM Shares Rise On Strong Q3, Analyst Upgrade


“There was nothing spooky about Sirius XM Holdings Inc.’s Q3 results,” declares Pivotal Research Group Principal and Entertainment/Interactive Subscription Services Analyst Jeffrey Wlodarczak.

Indeed, Sirius XM’s results were better than expected in nearly all aspects, helping SIRI climb 3.9% to $6.72 in Thursday’s trading.

Wlodarczak believes Sirius XM’s on track for slightly better year-end 2020 valuations than where it is now, and where he previously thought it would be in 14 months.

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