Citi lowered the firm’s price target on Liberty SiriusXM (LSXMA) to $42 from $62 and keeps a Buy rating on the shares. The analyst updated the firm’s model to reflect the Q4 results, its latest view on Sirius XM (SIRI), and the latest mark-to-market values of Liberty SiriusXM’s passive equity stakes in Formula One and Liberty Braves.
Published first on TheFly
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