Market Overview

UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on DISH Network

Share:
Related DISH
Looks Like You Won't Need That Bulky Cable Box Anymore
U.S. Senators Say Time Warner Cable Overbilled Customers $640,000
Dish Stock Rating Cut On Unlikely Spectrum Sale, 'Downward Pressure' (Investor's Business Daily)

In a report published Wednesday, Deutsche Bank reiterated its Buy rating on DISH Network (NASDAQ: DISH), and raised its price target from $41.00 to $43.00.

Deutsche Bank noted, “While 2012 was an investment year (no price increase, greater customer acquisition investing), 2013 growth should rebound, leveraging 2012's investments and seeing potentially above-normal price increases --accelerating revenue / EBITDA growth should be encouraging for investors. Also, we expect the FCC will approve terrestrial AWS spectrum use by DISH, which should be a positive, especially if DISH or its spectrum then becomes of interest for a strategic buyer. Buy.”

DISH Network closed on Tuesday at $34.85.

Latest Ratings for DISH

DateFirmActionFromTo
Jun 2016MoffettNathansonDowngradesNeutralSell
Apr 2016Goldman SachsMaintainsBuy
Mar 2016Credit SuisseMaintainsNeutral

View More Analyst Ratings for DISH
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (DISH)

View Comments and Join the Discussion!