Short Term Price Target on DISH Network Corporation (DISH)

DISH Network Corporation (NASDAQ:DISH) : 13 investment research analysts covering DISH Network Corporation (NASDAQ:DISH) have an average price target of $63.08 for the near short term. The highest target price given by the Brokerage Firm to the stock is $92 and the lowest target is $40 for the short term. Analysts expect the variance to be within $17.16 of the average price.

Dish Network Corp. has dropped 2.06% in the last five trading days, however, the shares have posted positive gains of 3.29% in the last 4 weeks. Dish Network Corp. is up 13.2% in the last 3-month period. Year-to-Date the stock performance stands at -8.36%.

DISH Network Corporation (NASDAQ:DISH) has an average broker rating of 2.92, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

DISH Network Corporation (NASDAQ:DISH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.01 and $51.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.40, notching a gain of 0.91% for the day. The total traded volume was 2,685,630 . The stock had closed at $51.93 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Dodge R Stanton, officer (EVP, Gen Counsel & Sec) of Dish Network Corp, had unloaded 20,000 shares at an average price of $48.79 in a transaction dated on May 31, 2016. The total value of the transaction was worth $975,800.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

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