The week so far has been a very good one for Sirius XM. On Wednesday, John Hancock Global Opportunities Fund manager Chris Arbuthnot told “The Street,” “I don’t see the content expenses increasing going forward,” meaning that could boost profits next year. Then, the research firms Lazard and Wunderlich both initiated a buy action for Sirius XM, with a 12-month price target of $1.00 – and the rush to buy Sirius XM stock (SIRI) was on. Despite the Nasdaq being down over 1.5% on Thursday, Sirius XM was surging over 7% on the combined news. Sirius XM was trading at 68 cents on Monday afternoon, and closed Wednesday at 74 cents. You can track Sirius XM stock here.