Thursday, September 11, 2008

JANCO Upgraded SIRIUS XM Radio (SIRI) to Buy

JANCO upgraded SIRIUS XM Radio (Nasdaq: SIRI) to Buy, but said they are doing so cautiously. The firm cited the recent significant decline in share price. JANCO believes in the long-term satellite radio sector, as well as SIRI's management team. The firm has a price target of $2.25.
written by: StreetInsider.com

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