Raymond James Maintains Strong Buy on EchoStar, Raises Price Target to $54
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Ric Prentiss maintains a Strong Buy rating on EchoStar (NASDAQ:SATS) and has raised the price target from $28 to $54.
August 09, 2023 | 11:53 am
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POSITIVE IMPACT
EchoStar's price target has been raised from $28 to $54 by Raymond James, which maintains a Strong Buy rating on the stock.
The news of Raymond James maintaining a Strong Buy rating on EchoStar and raising the price target significantly from $28 to $54 is likely to instill confidence in investors and could lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100