Dish reinstated with a Neutral at Goldman Sachs

Goldman Sachs analyst Brett Feldman reinstated coverage of Dish with a Neutral rating and $14 price target. The analyst e believes the company’s wireless initiatives entail :significant execution risk" and could take longer to scale than Dish anticipates. Further, he expects cord-cutting will accelerate, putting additional pressure on Dish’s pay-TV business. As such, the company may have difficulty accessing attractively priced capital, Feldman tells investors in a research note.