Liberty SiriusXM price target lowered to $38 from $60 at Benchmark

Benchmark analyst Matthew Harrigan lowered the firm’s price target on Liberty SiriusXM (LSXMA) to $38 from $60 and keeps a Buy rating on the shares following last Friday’s separation of the new Liberty Live (LLYVA) tracker that removes Live Nation (LYV) from Liberty SiriusXM.

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