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Fly News Breaks for November 8, 2018
DISH
Nov 8, 2018 | 09:56 EDT
SunTrust analyst Greg Miller lowered his price target on Dish to $35 and kept his Hold rating after its "mixed" Q3 results. The analyst notes that in spite of its earnings beat, the company's metrics were "well below expectatoins" with fewer gross adds and "significantly higher-than-expected churn". Miller expects Dish to manage its declining Pay-TV business for profitability but also sees the company's monetization of its spectrum holdings as disappointingly "elusive".
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