TD Cowen Maintains Outperform on EchoStar, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gregory Williams maintains an Outperform rating on EchoStar (NASDAQ:SATS) but lowers the price target from $39 to $38.

March 04, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
EchoStar's Outperform rating is maintained by TD Cowen, though the price target is reduced from $39 to $38.
The adjustment in price target by a notable analyst could influence investor sentiment, but the maintenance of an Outperform rating suggests a continued positive outlook on the company. The slight decrease in price target might reflect minor concerns or adjustments in valuation models, but it's not significant enough to suggest a major change in the company's fundamentals or outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90