Sirius XM Stock Could Shoot 24% Higher According to a Wall Street Analyst. Is It a Buy Now?

It's the only satellite radio provider, but this isn't such a big advantage now that nearly all of its customers already pay for mobile internet service.Shares of Sirius XM Holdings (SIRI 3.87%) are down a disappointing 56% in 2024, but it probably isn't time to turn our backs on the satellite radio provider.Improving subscriber trends recently inspired Guggenheim analyst Curry Baker to upgrade the stock and raise its price target to $30 per share. Baker gave Sirius XM a buy rating, and the new target impli ...