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Stock Market & Financial Investment News

News Breaks
January 3, 2014
08:14 EDTSIRISirius XM upgraded at Evercore
As previously reported, Evercore upgraded Sirius to Overweight from Equal Weight. The firm cites valuation and expectations for rapid growth of its telematics business, which it does not believe is currently reflected in the stock price. Price target raised to $4.50 from $3.90.
News For SIRI From The Last 14 Days
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August 27, 2015
09:17 EDTSIRISirius XM buyback announcement positive but expected, says FBR Capital
FBR Capital said Sirius XM's announcement last night of a $2B expansion of its buyback authorization is a positive, but is also consistent with the firm's expectations. FBR adds that the timing of the announcement suggests the company have been opportunistic with its repurchases during the recent pullback in the market. The firm keeps an Outperform rating on Sirius shares.
August 26, 2015
16:16 EDTSIRISirius XM adds a further $2B to stock repurchase program
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