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Street takes stock of satellite radio


November 02, 2007 Satellite radio stocks fell about 10% each Tuesday -- the very same day Sirius Satellite Radio reported better-than-expected earnings -- and finished October as two of the few media tech stock decliners. Some observers suggested regulators may attempt to block the planned merger of Sirius with XM Satellite Radio because Sirius is looking good on its own. Credit Suisse analyst Bryan Kraft reiterated his "outperform" rating and $3.75 target price on Sirius shares.

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