DISH Network Corp. (DISH) Upgraded To Buy
By Benzinga Staff
March 05, 2010 9:47 PM
March 05, 2010 9:47 PM
Symbols: DISH
Analysts Thomas W. Eagan and Gregory Slater at Collins Stewart have upgraded DISH Network Corp. (NASDAQ: DISH) from Hold to a Buy rating.
According to analysts, the negative impact from the decision of Appellate Court, which went against DISH Network, is now priced in the stock. Analysts see the ruling as the last major obstacle because the company’s fundamental turnaround is well under way. The company has added 500,000 subscribers, which is more than any other PayTV provider.
Analysts at DISH Network Corp. have set a price target of $30 for the DISH Network Corp. stock.
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