Dish TV (DISH) Regains Lost Ground Following An Upgrade
By Mark Moneymaster
March 05, 2010 2:10 PM
March 05, 2010 2:10 PM
Dish TV (NASDAQ: DISH) gained 3.6% to $21.33 by early afternoon trading on Friday. The second-largest U.S. satellite-television provider Dish TV (DISH) was upgraded to “buy” from “hold” at Collins Stewart LLC, which said a turnaround for Dish TV (DISH) was on the cards in near future.
Dish TV (DISH) made fresh gains a day after it shed some gains after losing out a case against TiVo (NASDAQ: TIVO), for infringing the rights of TiVo (TIVO) in court. Dish TV (DISH) may take some time around these levels in congestion zone, before making further gains.
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