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Zacks Investment Research announced DISH Network Corp (NASDAQ:DISH), boosting its stock price target to $60.00 today

Yesterday DISH Network Corp (NASDAQ:DISH) traded 0.09% higher at $52.33. The company’s 50-day moving average is $51.10 and its 200-day moving average is $49.93. The last closing price is up 7.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,912,152 shares of the stock traded hands, down from an average trading volume of 2,735,520

In a statement issued on 9/21/2016 Zacks Investment Research bumped up the target of DISH Network Corp (NASDAQ:DISH) to $60.00 stating a potential upside of 0.15%.

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DISH Network Corp has a 52 week low of $38.85 and a 52 week high of $65.49 with a P/E ratio of 28.80 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 22 brokers have issued a research note 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 1 broker rating the stock a sell.

General Information About DISH Network Corp (NASDAQ:DISH)

DISH Network Corporation is a holding company. The Company operates through two segments: DISH 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 (DBS) and Fixed Satellite Service (FSS) 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 programming services (Sling TV). The Company markets its broadband services under the dishNET brand, which has over 0.623 million subscribers in the United States.

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