DISH Network Corp. (NASDAQ:DISH) Upgraded by Deutsche
By BenzingaStaff3
November 10, 2009 11:25 AM
November 10, 2009 11:25 AM
Symbols: DISH
DISH Network Corp. (NASDAQ: DISH) was given a Buy Rating by Deutsche Bank at a price target of $25 from $21. After Dish Network reported its third quarter results, Deutsche Analyst fells that Dish Network’s has a strong market share and even its margin pressure has began to ease. Deutsche Analysts also feels that the company is generating strong Free Cash Flows.
At Deutsche Bank price target of $25, the stock presents an upside gain of around 20% at yesterday’s closing price.
DISH Network is currently trading at $20.23, increased by 0.09%. Yesterday, the stock ended at $20.14.
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