More Analyst Comments This Morning: Bank of America
XM Satellite subscriber estimates cut at BofA (11.20 ) (
www.briefing.com)
Banc of America lowers their year-end 2006 and 2007 subscriber estimates for XMSR to 8.2 mln (from 8.3 mln) and 10.8 mln (from 11.0 mln), respectively. They say that Toyota's relationship with XM is strong, but they now believe the big factory installation ramp-up will occur with model year 2008 vehicles rather than 2007 vehicles.
7/25/2006 09:37:00 AM
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