DISH Network Shares Get Boost Following Positive Goldman Commentary


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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DISH Network Corp (NASDAQ: DISH) are indicated nearly 4 percent higher in after-hours action Monday, apparently on the heels of a positive post-market research note from Goldman Sachs' analysts. The Goldman analysts' note was published ahead of DISH's first-quarter earnings report, expected out on Wednesday, April 20. The analysts will be looking for an update on DISH's Sling TV and subscriber growth which is anticipated to "more than offset losses in satellite during Q1, driving our estimated 105k pay-TV net adds." DISH's earnings conference call is likely to focus on the company's "video strategy as the quiet period in effect for the ongoing broadcast incentive auction limits DISH's ability to discuss its spectrum strategy," according to the Goldman note. The Goldman analysts also highlighted, "the perceived pause in DISH's spectrum strategy during the auction is a key reason for YTD weakness in the stock. DISH's share price implies spectrum value of $0.83/MHz/POP, which is a 50% discount (fully taxed) to valuations seen in the AWS-3 auction and other recent precedent transactions. This looks attractive to us..."Goldman Sachs maintains a Buy rating and $79 price target on shares of DISH. With the stock last indicated at $48.24 in Monday's after-the-close trading session, the Goldman price target represents potential upside of about 64 percent.
Posted In: Analyst ColorEarningsNewsAfter-Hours CenterAnalyst Ratings