Monday, November 28, 2005

sirius this guys wrong imho

so he raised the target, i wonder whats behind the buying that these guys have started
while slaming the dog .............maybe the sec should ask whats up


NEW YORK, November 28 (newratings.com) - Analyst Jonathan Jacoby of Banc of America Securities reiterates his "neutral" rating on Sirius Satellite Radio (SIRI.NAS). The target price is set to $6.In a research note published on November 25, the analyst mentions that the company is witnessing worse-than-anticipated promotional trends, which is likely to adversely affect its ARPU. The analyst expects Sirius Satellite Radio’s share price to appreciate during the holiday season due to the impending arrival of Howard Stern on the channel from January 2006.

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