Analyst Comments: Citigroup on SIRI and XMSR
July 20, 2006
Citigroup Comments on SIRI and XMSR after NPD Data07-19-2006 11:56:58 PM (link:
HERE)
Citigroup comments on NPD data for the satellite radio space. Analyst Eileen Furukawa said June NPD data shows Sirius Satellite Radio Inc. (Nasdaq:
SIRI) is still beating XM Satellite Radio Holdings Inc. (Nasdaq:
XMSR) in retail, with a 19% year-over-year growth in tuner sales, versus an 18% drop at XM, with just 1% growth for the industry.Furukawa said Howard Stern continues to have longer legs than anyone initially expected. Furukawa maintained her Buy ratings on both stocks, saying longer-term factory installed radios will spur a return to growth and lift the stock.
7/20/2006 06:25:00 AM
SSG Has Merged. You Can Read All Of The Latest SSG Content By Clicking Here
0 Comments:
SSG is not a Financial Advisor. Read Disclosure: HERE
--------------------------------------------------------
