Sirius XM (SIRI): RBC Capital Markets’ David Bank Raises Price Target To $1.25, Reiterates Sector Perform/Speculative Risk Rating

By Demian Russian In a research report issued following Sirius XM Radio’s (NASDAQ:SIRI) third quarter financial and operating results, RBC Capital Markets global media analyst David Bank reiterated his Sector Perform/Speculative Risk rating, but raised his price target from $1.00 to $1.25. While noting Sirius XM’s “solid execution” and “opportunities for growth,”  he feels that the […]