Raymond James Upgrades EchoStar to Strong Buy, Announces $28 Price Target
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Ric Prentiss has upgraded EchoStar (NASDAQ:SATS) from Outperform to Strong Buy and announced a $28 price target.
August 07, 2023 | 9:23 am
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POSITIVE IMPACT
EchoStar has been upgraded to Strong Buy by Raymond James, with a new price target of $28.
The upgrade from Outperform to Strong Buy by Raymond James indicates a positive outlook for EchoStar. The new price target of $28 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100