Morgan Stanley reiterated its Equal-weight rating on DISH Network DISH. At the same time, Morgan Stanley raised its price target on the company's stock from $25 to $33.
In a research report published today, Morgan Stanley states, "Since our last published
estimates and valuation, DISH reported stronger than
expected 1Q11 results and resolved a major overhang
related to its Tivo litigation. As a result of both, we are
raising our estimates meaningfully and raising our price
target to $33."
On Friday, DISH lost 1.79% of its value to close the week at $29.03.
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date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
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Posted In: Analyst ColorPrice TargetAnalyst RatingsBroadcasting & Cable TVConsumer DiscretionaryDish NetworkMorgan Stanley
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