Zacks Investment Research downgraded DISH Network Corp (NASDAQ:DISH) to Hold in a report released today.
- Updated: September 26, 2016
Yesterday DISH Network Corp (NASDAQ:DISH) traded -0.04% lower at $53.83. DISH’s 50-day average is $51.10 and its two hundred day average is $49.93. With the last stock price close up 7.92% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 1,204,510 shares of DISH changing hands under the typical 2,735,520
Zacks Investment Research has downgraded DISH Network Corp (NASDAQ:DISH) to Hold in a report released on 9/26/2016.
Previously on 09/21/2016, Zacks Investment Research reported about DISH Network Corp (NASDAQ:DISH) raised the target price from $0.00 to $60.00. At the time, this indicated a possible upside of 0.15%.
With a total market value of $0, DISH Network Corp has price-earnings ratio of 28.79 with a one year low of $38.85 and a one year high of $65.49 .
A total of 22 equity analysts have released a ratings update on DISH. Four equity analysts rating the company a strong buy, six equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $71.64.
Brief Synopsis 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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