UBS Maintains a 'Neutral' on Dish Network (DISH); Questions Remain Despite Rebound in Q4
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Price: $5.77 --0%
Rating Summary:
10 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Neutral' on Dish Network (NASDAQ: DISH) price target raised $1 to $30.
UBS analyst says, "DISH Network returned to subscriber growth in 4Q and mgmt suggested its top priorities are higher net activations and market share, along with increased ARPU, lower churn, better customer satisfaction and fewer customer calls. Higher take rates for premium channels and PPV movies should help boost ARPU growth in 2012E, despite the lack of price increases for monthly service packages, keeping net income flattish vs. 2011’s $1.3B (ex-TiVo litigation accrual reversal)."
UBS raises FY12 EPS from $2.78 to $2.95 and FY13 from $3.07 to $3.24.
For an analyst ratings summary and ratings history on Dish Network click here. For more ratings news on Dish Network click here.
Shares of Dish Network closed at $29.62 yesterday.
UBS analyst says, "DISH Network returned to subscriber growth in 4Q and mgmt suggested its top priorities are higher net activations and market share, along with increased ARPU, lower churn, better customer satisfaction and fewer customer calls. Higher take rates for premium channels and PPV movies should help boost ARPU growth in 2012E, despite the lack of price increases for monthly service packages, keeping net income flattish vs. 2011’s $1.3B (ex-TiVo litigation accrual reversal)."
UBS raises FY12 EPS from $2.78 to $2.95 and FY13 from $3.07 to $3.24.
For an analyst ratings summary and ratings history on Dish Network click here. For more ratings news on Dish Network click here.
Shares of Dish Network closed at $29.62 yesterday.
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