Pandora Media (NYSE: P) and Sirius XM Radio Inc. (NASDAQ: SIRI) shares gained in early trading today after DISH Network (NASDAQ: DISH) CEO Joseph Clayton said that he sees the two companies as possible takeover targets.

Speaking to New York Times DealBook, Clayton, who was recently appointed as CEO, discussed DISH’s takeover strategy. Clayton said that he would be interested in Sirius, Hulu and Pandora and that there are a lot of things that are up for grabs right now.

Following the comments from Clayton, shares of both Sirius and Pandora rose in early trading. However, Sirius shed its early gains and is down in mid-day trading. At last check, Sirius shares were trading 1.96% lower at $2, with volume at 41.79 million.

Meanwhile, Pandora Media shares, which were listed last week, are continuing to soar in mid-day trading. At last check, Pandora Media shares were trading 7% higher at $14.98, with volume at 743,965. Despite today’s gains, Pandora Media shares are down 14.01% since the IPO.

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