Canaccord Genuity Maintains a 'Buy' on Dish Network (DISH); Getting Back on Track
Tweet
Share
E-mailGet Alerts DISH Hot Sheet
Price: $5.77 --0%
Rating Summary:
10 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
10 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Join SI Premium – FREE
Canaccord Genuity maintains a 'Buy' on Dish Network (NASDAQ: DISH) price target of $35.00.
Analyst, Thomas Eagan, said, "DISH closed Monday’s trading down 1.2%, an improvement over the 3.5% low of the day as the Street was appeased by comments made on the company’s earnings call. Separately, we estimate that DISH’s strong subscriber growth reflects a slightly better negotiating leverage vs. AMC Networks (Nasdaq: AMCX) than we had expected. And re: valuation, the company results indicate to us that DISH should trade at a slightly higher multiple than we had estimated, which means that there is more potential upside from the Spectrum value."
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 $30.93 yesterday.
Analyst, Thomas Eagan, said, "DISH closed Monday’s trading down 1.2%, an improvement over the 3.5% low of the day as the Street was appeased by comments made on the company’s earnings call. Separately, we estimate that DISH’s strong subscriber growth reflects a slightly better negotiating leverage vs. AMC Networks (Nasdaq: AMCX) than we had expected. And re: valuation, the company results indicate to us that DISH should trade at a slightly higher multiple than we had estimated, which means that there is more potential upside from the Spectrum value."
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 $30.93 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nutanix (NTNX) PT Raised to $80 at Oppenheimer Into EPS
- Holcim to acquire Fermacell from James Hardie for EUR 840M
- SentinelOne Inc (S) PT Raised to $26 at Cantor Fitzgerald Following Strong Q2 Checks
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS ViewRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
