Rosenblatt analyst Barton Crockett upgraded Sirius XM (SIRI) to Buy from Neutral with a $46 price target, telling investors that “the amazing endorsement” in the YouTube (GOOGL) deal announced yesterday, plus “the laser beam focus” on S-band spectrum for satellite services and satellite to device/cell phone from the upcoming SpaceX IPO, Amazon’s (AMZN) Globalstar acquisition, and the FCC’s March 27 NPRM, “argue for a huge unlock of value.”
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