Market Overview

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

Share:
Related DISH
DISH, Sinclair Broadcast Group Finalizing Long-Term Deal for Carriage of Sinclair's Local Channels
DISH Renews FCC Complaint Against Sinclair
Average monthly U.S. pay-TV bill approaches $100 (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
Aug 2015BarclaysMaintainsUnderweight
Jun 2015CitigroupMaintainsBuy
Jun 2015Credit SuisseInitiates Coverage onNeutral

View More Analyst Ratings for DISH
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (DISH)

Get Benzinga's Newsletters