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XM, SIRIUS get analyst coverage

July 28th, 2004 · No Comments

Radio Ink has the skinny on analyst firm William Blair & Company’s stock rating assignments to both XM and SIRIUS. The firm assigned an “outperform” to XM and a “market perform” to SIRIUS, and say they “have greater confidence that XM will perform favorably” against expectations.

I find this particular set of ratings to be done very well because Blair has clarified what people should look to see from these companies - read: profitability - that as long as both services continue to make headlines and creep upward in revenues and subscribers, progress is being made.

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