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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Read More on LSXMA:
- Liberty Sirius XM price target lowered to $34 from $36 at Pivotal Research
- LSXMA Earnings this Week: How Will it Perform?
- Sirius XM downgraded to Underperform from In Line at Evercore ISI
- Liberty arbitrage ‘backfires,’ fueling Sirius XM short squeeze, Barron’s says
- Liberty SiriusXM shareholders approve tracking stock reclassification