Sirius XM Radio Inc (SIRI) PT Raised By Goldman Sachs - Hedge Fund Alpha (formerly ValueWalk Premium)
Sirius XM

Sirius XM Radio Inc (SIRI) PT Raised By Goldman Sachs

Sirius XM Radio Inc (NASDAQ:SIRI) said it added 715,000 net new subscribers in the second quarter, raising its total subscribers to more than 25 million.Amid the improvement, the satellite-radio operator boosted its full-year outlook for total net subscriber additions to 1.5 million from its previous view of 1.4 million. Sirius XM Radio Inc (NASDAQ:SIRI) has been benefiting from strong subscriber revenue growth, and said Tuesday that improved automotive sales helped drive 15% growth in net additions over the second quarter. Goldman Raises Sirius XM Radio’s Price Target Goldman Sachs Group Inc (NYSE:GS) updated their model ahead of quarterly results, following...

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