Citigroup Downgrades DISH Network to Neutral, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Michael Rollins downgrades DISH Network (NASDAQ:DISH) from Buy to Neutral and lowers the price target from $18 to $8.
May 25, 2023 | 8:42 am
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DISH Network downgraded to Neutral by Citigroup, with a lowered price target of $8.
Citigroup's downgrade of DISH Network from Buy to Neutral and the significant reduction in the price target from $18 to $8 indicate a less optimistic outlook for the company's stock. This is likely to have a negative impact on DISH's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100