Citigroup Maintains Neutral on EchoStar, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins has maintained a Neutral rating on EchoStar (NASDAQ:SATS) and lowered the price target from $25 to $17.
October 16, 2023 | 3:55 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on EchoStar and lowered the price target from $25 to $17.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on EchoStar's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100