Raymond James Downgrades EchoStar to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has downgraded EchoStar (NASDAQ:SATS) from Strong Buy to Market Perform.
October 01, 2024 | 2:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Raymond James has downgraded EchoStar from Strong Buy to Market Perform, indicating a less optimistic outlook on the stock.
The downgrade from Strong Buy to Market Perform by a reputable analyst suggests a shift in sentiment, likely leading to a negative short-term impact on EchoStar's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100