Radio DJ, TJMS, D.L. Hughley, Rickey Smiley | Radiofacts

OH NO: Sirus and XM Stocks Take a DIVE

Goldman slashes target on deteriorating outlook for pay radioGoldman Sachs offered an even gloomier forecast for and . Citing a dramatic slowdown in subscriber growth, debt , refinancing pressure and a shrinking trend in revenue per customer, Goldman analyst Mark Wienkes cut his XM (XMSR) price target to $6.50 from $11.50 and reduced Sirius (SIRI) to $1.75 from $2.25. The $1.75 price on Sirius assumes the proposed mer er with XM is approved – on a basis, Wienkes values Sirius at $1.

See the Most Read Stories for 2019

Related posts

Why Radio Programmers (PDs) Curse Record Reps Out

Kevin Ross

$4.4 Billion Later and Lionsgate Has Now Acquired Starz

Hassahn Liggins

Radio One Stock Rises AGAIN, up 6.39%

Kevin Ross

Radio One Stock Increases Again 5.5%

Kevin Ross

Radio One Inc. Jumps 6.62% on June 14

Kevin Ross

Popular Industry Personal Security Man Marc Roberts Dies

Kevin Ross

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More