Sirius XM and 3 Stocks with New Analyst Ratings and Price Targets
SIRIUS XM Radio Inc. (NASDAQ:SIRI): Current price $3.1350
Following the company’s fourth quarter results, Piper Jaffray said that Sirius XM Radio Inc. remains their top large, cap idea for 2013. Piper said that Sirius XM continues to deliver strong subs growth. The firm keeps an Overweight rating on the stock with a $3.40 price target.
Denbury Resources Inc. (NYSE:DNR): Current price $18.9901
After Denbury Resources Inc. pre-announced their production and reserves, Sterne Agee expects the company’s production to provide them with momentum going into 2013. The firm raised their price target on the stock from $20 to $22 and reiterates a Buy rating.
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Heartland Payment Systems, Inc. (NYSE:HPY): Current price $31.98
Sterne Agee expects Heartland to report strong fourth quarter results, and they believe that the stock is still undervalued. They maintain a Buy rating on the shares.
Google Inc. (NASDAQ:GOOG): Current price $769.14
Pacific Crest believes that investors now have more faith that Google Inc.’s new initiatives and products will be successful, and they contend that the company will increasingly be seen as a tech leader, rather than as a tech loser. The firm thinks the company has several upcoming catalysts, and they maintain an $820 price target and Outperform rating on the shares.
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