I need to replace my receiver. It will be driving Era (Peachtree) D4 speakers (Sensitivity: 84dB, Impedance: 6 Ohms). I was thinking of the Denon AVR-E300 (Power Output Per Channel 20Hz-20kHz, 0.08%THD@8ohm - 75 Watts); (Power Output Per Channel 1kHz, 0.7%THD@6ohm-120 Watts); (Maximum Power Output Per Channel - 175 Watts).

Will that receiver be sufficient to drive my D4 speakers? If not, what would you recommend for a not too expensive solution?