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Sirius XM Holdings Inc. Message Board

  • prietrc2 prietrc2 Dec 16, 2005 8:51 AM Flag

    JP Morgan downgrades, contradiction

    JP Morgan downgrades SIRI from Neutral to underweight?

    However in their downgrade statement of XM they state:

    "J.P. Morgan downgraded shares of XM Satellite (XMSR:Nasdaq - commentary - research - Cramer's Take) to neutral from overweight Friday, saying the pay radio service might lose its lead in subscriber growth against Sirius (SIRI:Nasdaq - commentary - research - Cramer's Take) this quarter."

    Wouldn�t this mean SIRI would be an overweight in SAT RAD?

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