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Dish Network (DISH) Gets a Buy Rating from Deutsche Bank

In a report issued on May 8, Bryan Kraft from Deutsche Bank reiterated a Buy rating on Dish Network (DISHResearch Report), with a price target of $61.00. The company’s shares closed last Monday at $21.30.

According to TipRanks.com, Kraft is a 4-star analyst with an average return of 6.3% and a 58.9% success rate. Kraft covers the Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Sirius XM Holdings.

Dish Network has an analyst consensus of Moderate Buy, with a price target consensus of $38.55, representing a 76.0% upside. In a report released yesterday, Credit Suisse also upgraded the stock to Buy with a $45.00 price target.

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The company has a one-year high of $47.05 and a one-year low of $21.77. Currently, Dish Network has an average volume of 2.89M.

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DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Wireless segments. The Pay-TV segment operates under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets. The company was founded by Charles W. Ergen, Cantey W. Ergen and James DeFranco in 1980 and is headquartered in Englewood, CO.

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