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Goldman Sachs Upgrades Sirius XM to Buy, Raises Target to $37
The target rose from $33 as Goldman highlighted business trends, potential YouTube revenue and Sirius XM’s spectrum assets.

Goldman Sachs gave Sirius XM Holdings Inc. (SIRI) a Buy rating in place of Neutral and moved its price target to $37 from $33, pointing to business trends, YouTube revenue potential and spectrum assets.
The bank’s rationale included an improving business picture, the possibility of generating revenue through YouTube and the strategic value of Sirius XM’s spectrum holdings.