Telsey Advisory Group Initiates Coverage on DISH Network Corp (DISH)
Investment analysts at Telsey Advisory Group initiated coverage on shares of DISH Network Corp (NASDAQ:DISH) in a note issued to investors on Tuesday, Stock Ratings Network reports. The firm set a “not rated” rating and a $65.00 price target on the stock. Telsey Advisory Group’s price objective would suggest a potential upside of 8.39% from the company’s current price.
In other DISH Network Corp news, EVP David Shull unloaded 10,000 shares of DISH Network Corp stock on the open market in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $57.81, for a total transaction of $578,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
DISH Network Corp (NASDAQ:DISH) opened at 59.97 on Tuesday. DISH Network Corp has a 52-week low of $37.30 and a 52-week high of $64.52. The stock has a 50-day moving average of $60.83 and a 200-day moving average of $55.38. The company has a market cap of $27.487 billion and a P/E ratio of 34.13.
DISH Network Corp (NASDAQ:DISH) last announced its earnings results on Friday, February 21st. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.23. The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.59 billion. On average, analysts predict that DISH Network Corp will post $1.78 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on DISH. Analysts at Zacks reiterated a “neutral” rating on shares of DISH Network Corp in a research note on Tuesday, April 1st. They now have a $65.00 price target on the stock. Separately, analysts at Wunderlich reiterated a “hold” rating on shares of DISH Network Corp in a research note on Thursday, March 27th. Finally, analysts at Wells Fargo & Co. raised their price target on shares of DISH Network Corp to $76.00 in a research note on Thursday, March 6th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $59.89.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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