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The Zhitong Finance App learned that Deutsche Bank raised the Sirius XM (SIRI.US) stock rating from “hold” to “buy” and raised the target price to $45, which is one of the highest target prices on Wall Street, which means there is still room for 51% increase from Thursday's closing price. The bank's analyst Bryan Kraft pointed out that Sirius XM's partnership with the two tech giants, which has not been fully taken seriously by the market, may mean that its stock price is expected to continue to rise after a sharp rise this year.
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The Zhitong Finance App learned that Deutsche Bank raised the Sirius XM (SIRI.US) stock rating from “hold” to “buy” and raised the target price to $45, which is one of the highest target prices on Wall Street, which means there is still room for 51% increase from Thursday's closing price. The bank's analyst Bryan Kraft pointed out that Sirius XM's partnership with the two tech giants, which has not been fully taken seriously by the market, may mean that its stock price is expected to continue to rise after a sharp rise this year.
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