Analyst Rating Update on DISH Network Corporation (DISH)

DISH Network Corporation (DISH) : 12 analysts are covering DISH Network Corporation (DISH) and their average rating on the stock is 3.08, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

DISH Network Corporation (DISH) : Average target price received by DISH Network Corporation (DISH) is $59.27 with an expected standard deviation of $15.43. The most aggressive target on the stock is $92, whereas the most downbeat target is $40. 11 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Wunderlich downgrades the rating on DISH Network Corporation (NASDAQ:DISH). The brokerage firm has issued a Sell rating on the shares. The shares were previously rated Hold. The rating by the firm was issued on July 22, 2016.


DISH Network Corporation (NASDAQ:DISH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.25 and $50.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.32, notching a gain of 4.33% for the day. The total traded volume was 12,354,160 . The stock had closed at $49.19 on the previous day.

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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