Information Provided By:
Fly News Breaks for August 6, 2018
DISH
Aug 6, 2018 | 06:50 EDT
JPMorgan analyst Philip Cusick lowered his price target for Dish Network to $50 but keeps an Overweight rating on the shares following the company's "solid" Q2 results. The analyst attributes the post-earnings share rally to solid fundamentals as well as clearer messaging from management regarding the company's future 5G network buildouts. He believes the conference call helped calm some fears regarding Dish's ability to maintain its spectrum licenses as well as fund its maturities over the next several years. Cusick continues to believe that the majority of Dish's value lies in its spectrum assets.
News For DISH From the Last 2 Days
There are no results for your query DISH