UPDATE: Wunderlich Lowers PT on Liberty Capital Group to $84

Wunderlich is out with its report today on Liberty Capital Group (NASDAQ: LCAPA), lowering its PT to $84 from $95.

In its report, Wunderlich writes, "We are maintaining our Buy rating on Liberty Capital Group (LCAPA) after updating asset values and targets for recent market activity, but we are lowering our price target to $84 from $95. This is in recognition of a lower 1200 S&P 500 bogey and a $2.00 Sirius XM Radio target (NASDAQ: SIRI)."

Shares of LCAPA closed Monday at $69.02, up 3.73% from Friday's close.