(Sirius XM story updated with recent stock price movement, additional analyst insight and Sirius XM Nasdaq hearing)NEW YORK ( TheStreet) -- Analysts are conflicted about their views on Sirius XM ( SIRI), with some skeptical about the company's soundness as a stock investment -- and others wholeheartedly confident of its financial strength. BGB Securities analyst Murray Arenson, for example, likes the company. "I think it's growing and I think the outlook is strong. You've got a very larger subscriber base growing" and "a rebound at this stage of the game on auto sales." Arenson adds that though the prevailing view seems to be that Sirius star Howard Stern and Sirius will work out an agreement as his current contract expires at the end of 2010, "I think Sirius will be financially okay" regardless of the outcome. "Sirius is in a strong place. It is a healthy, vibrant company." Sirius XM stock, after rising 0.9% to 88 cents a share Friday morning, is slightly down just after noon, at 87 cents.
|Stockpickr Answers What's in store for SIRI if it's delisted by the Nasdaq?|