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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (5635)	3/1/2005 7:45:11 AM
From: John Carragher	Respond to of 8752

NEW YORK (Dow Jones)--UBS overnight raised its rating on Sirius Satellite Radio Inc. (SIRI) to buy from neutral and maintained its price target on the stock at $6.75, which indicates an expectation for a 21% rise in the company's stock from Monday's closing price of $5.57. "We believe the fears over first-quarter 2005 seasonality are reflected in the stock and continue to expect Sirius to achieve its full-year subscriber target of 2.5 million," the broker said. UBS also raised XM Satellite Radio Holdings Inc. (XMSR) to buy from neutral, as reported. (END) Dow Jones Newswires March 01, 2005 06:59 ET (11:59 GMT)- - 06 59 AM EST 03-01-05