Soleil Securities Upgrades Dish Network (DISH) to Hold

October 2, 2008 10:22 AM EDT

Soleil Securities upgrades Dish Network (Nasdaq: DISH) from Sell to Hold. Price target $23.

Soleil analyst says, "Upgrade to Hold from Sell on a price basis as the stock has exceeded our $23 downside price target. No change '08E$2.62 nor '09E $2.77 which we believe capture the downside inherent in DISH's business, including the loss of AT&T (NYSE: T). We remain cautious on shares of DIRECTV (NYSE: DTVl) with a price target of $22."

DISH Network Corporation is a provider of satellite delivered digital television to customers across the United States.


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DISH 20.94

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T 27.60

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