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JPMorgan Upgrades Sirius XM Price Target to $34

Guavy AI Editorial Team
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JPM
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Sirius XM Holdings Inc., a leading audio entertainment company, had its price objective increased by JPMorgan Chase & Co. from $26.00 to $34.00 in a research note issued on Friday.

The firm currently has a 'neutral' rating on the stock and the price target points to a potential upside of 13.41% from Sirius XM's previous close at $29.98.

This is not the only recent upgrade for the company; Morgan Stanley lifted their price target on Sirius XM from $24.00 to $28.00, while Guggenheim restated a 'buy' rating and set a $35.00 target price (up from $34.00).

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