Sirius XM is trading 5.39% up at $29.11 after Deutsche Bank upgraded the shares from Hold to Buy and raised its price target from $31 to $45, citing stronger digital audio advertising growth prospects.
- The September 1 launch of the $5-per-month Sports Pass includes live games, sports talk, podcasts, Audacy stations, and ESPN LA.
- The move is company-specific, with no meaningful broad-market rally supporting it.