UBS Maintains Neutral on EchoStar, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has maintained a Neutral rating on EchoStar (NASDAQ:SATS) and increased the price target from $11 to $14.

March 05, 2024 | 2:53 pm
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UBS analyst John Hodulik has maintained a Neutral rating on EchoStar but raised the price target from $11 to $14.
The increase in price target by UBS suggests a positive outlook on EchoStar's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that there are still uncertainties or concerns that prevent a more bullish stance.
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