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Citigroup upgraded Dish Network Corp. (NDAQ:DISH) from Sell to Neutral in a report released today.

Just yesterday Dish Network Corp. (NDAQ:DISH) traded -0.32% lower at $52.79. Dish Network Corp.’s 50-day moving average is $58.34 and its 200-day moving average is $61.96. The last stock price is down -14.63% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 779,070 shares of DISH traded hands, down from an average trading volume of 1,817,140

Citigroup has upgraded Dish Network Corp. (NDAQ:DISH) from Sell to Neutral in a report released on Friday September 15, 2017.

Previously on 8/4/2017, Telsey Advisory Group released a statement about Dish Network Corp. (NDAQ:DISH) reduced the target price from $62.00 to $56.00. At the time, this indicated a possible downside of -0.08%.

Recent Performance Chart

Dish Network Corp. (NDAQ:DISH)

Dish Network Corp. has 52 week low of $51.38 and a 52 week high of $66.50 with a PE ratio of 24.60 and has a market capitalization of $0.

In addition to Citigroup reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $71.64 with 4 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 14 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Dish Network Corp. (NDAQ: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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