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BidaskClub downgraded DISH Network Corp (NASDAQ:DISH) to Hold in a report released today.

Yesterday DISH Network Corp (NASDAQ:DISH) traded -1.19% lower at $63.24. The company’s 50-day moving average is $58.96 and its 200-day moving average is $62.09. The last stock close price is up -13.12% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,276,166 shares of the stock were exchanged, up from an average trading volume of 1,754,770

BidaskClub has downgraded DISH Network Corp (NASDAQ:DISH) to Hold in a report released on 06/21/2017.

Previously on Monday May 01, 2017, Pivotal Research reported about DISH Network Corp (NASDAQ:DISH) lowered the target price from $86.00 to $70.00. At the time, this indicated a possible upside of 0.09%.

See Chart Below

DISH Network Corp (NASDAQ:DISH)

DISH Network Corp has a 52 week low of $49.49 and a 52 week high of $66.50 with a P/E ratio of 25.09 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 22 firms have reported on the company. The average stock price target is $71.64 with 4 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 14 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally one analyst rating the company a sell.

More About DISH Network Corp (NASDAQ:DISH)

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded pay-TV services consist of live, linear streaming over-the-top Internet-based domestic, international and Latino video programing services. The Company markets broadband services under the dishNET brand. The Company makes investments in the research and development, wireless testing and wireless network infrastructure.

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