Tuesday, October 31, 2006
Morgan Stanley On XMSR & SIRI: Expect Trends & Catalysts To Drive Shares Higher
October 31, 2006XMSR & SIRI expect trends & catalysts to drive shares higher-OW@MSCO - (theflyonthewall.com 10/31 09:18:14)
The analyst expects shares of XMSR & SIRI to be driven by sub adds due to OEM penetration, sees SIRI reaching positive FCF in 2007 & XMSR in 2008, and modest retail gross adds in 2007. The firm has lowered Q4 subs for both and SIRI's target to $7 from $8.
10/31/2006 09:26:00 AM
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