Zacks Investment Research Lowers Its Sirius XM (SIRI) Rating to SELL

Sirius XM (SIRI) has been posting healthy subscriber increases since 2010. But slowed growth projections have caused Zacks Investment Research to re-assess the stock for 2019, dropping it from HOLD to SELL. A memo released on Friday reveals that Zacks investors are worried about increasing royalty expenses.  That’s despite earnings and revenue increases during Sirius […]

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