Morgan Stanley Has Just Reaffirmed $39 Target Price Per Share on DISH Network (NASDAQ:DISH) stock, While They’ve Also Reiterated Their Equal-Weight Rating

September 8, 2018 - By Carolyn Hewitt

DISH Network Corporation (NASDAQ:DISH) Logo

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.32, from 1.23 in 2017Q4. It dropped, as 46 investors sold DISH Network Corporation shares while 125 reduced holdings. 40 funds opened positions while 116 raised stakes. 218.06 million shares or 0.17% more from 217.69 million shares in 2017Q4 were reported.

324 are owned by Signaturefd Limited Co. Tower Capital Lc (Trc) holds 1,682 shares. 8,363 were accumulated by Walleye Trading Limited Liability Corporation. Commonwealth Natl Bank Of Aus holds 0% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 291 shares. Bessemer stated it has 1,500 shares or 0% of all its holdings. Metropolitan Life Company holds 0% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 43,125 shares. Bnp Paribas Arbitrage accumulated 113,727 shares or 0% of the stock. New Mexico Educational Retirement Board has 0.03% invested in DISH Network Corporation (NASDAQ:DISH) for 21,700 shares. Cibc Ww Mkts Corporation holds 43,460 shares. Moreover, Hap Trading Lc has 0.1% invested in DISH Network Corporation (NASDAQ:DISH) for 54,907 shares. Asset Management One Com accumulated 377,996 shares. Schwab Charles Inv Mngmt holds 0.02% or 807,233 shares in its portfolio. Pictet Asset Management Ltd accumulated 119,977 shares. Maplelane Cap Ltd Liability Co invested 0.19% in DISH Network Corporation (NASDAQ:DISH). Hanson Mcclain holds 45 shares or 0% of its portfolio.

Since March 20, 2018, it had 8 insider purchases, and 5 insider sales for $4.36 million activity. The insider McSchooler Jeffrey L sold $27,831. The insider DEFRANCO JAMES bought $303,500. Another trade for 100,000 shares valued at $2.94M was bought by ERGEN CHARLES W. Shares for $4,708 were sold by ORBAN PAUL W.

DISH Network (NASDAQ:DISH) Rating Reaffirmed

New York: In a research note revealed to clients on Friday, 7 September, Morgan Stanley maintained their Equal-Weight rating on DISH Network (NASDAQ:DISH) shares. They now have a $39 price target on the company. Morgan Stanley’s target suggests a potential upside of 10.51 % from the company’s current price.

DISH Network Corporation (NASDAQ:DISH) Ratings Coverage

Among 6 analysts covering DISH Network (NASDAQ:DISH), 2 have Buy rating, 2 Sell and 2 Hold. Therefore 33% are positive. DISH Network has $55 highest and $30 lowest target. $42.80’s average target is 21.28% above currents $35.29 stock price. DISH Network had 8 analyst reports since March 23, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, June 21 by Goldman Sachs. Moffett Nathanson upgraded DISH Network Corporation (NASDAQ:DISH) on Friday, March 23 to “Neutral” rating. The firm has “Overweight” rating given on Monday, April 16 by Barclays Capital. The firm has “Sell” rating given on Monday, August 13 by Moffett Nathanson. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, April 23. Morgan Stanley maintained DISH Network Corporation (NASDAQ:DISH) on Tuesday, May 29 with “Equal-Weight” rating. The stock of DISH Network Corporation (NASDAQ:DISH) has “Buy” rating given on Monday, March 26 by Cowen & Co.

The stock increased 2.23% or $0.77 during the last trading session, reaching $35.29. About 1.89M shares traded. DISH Network Corporation (NASDAQ:DISH) has declined 51.94% since September 8, 2017 and is downtrending. It has underperformed by 64.51% the S&P500.

Analysts await DISH Network Corporation (NASDAQ:DISH) to report earnings on November, 8. They expect $0.65 EPS, up 14.04 % or $0.08 from last year’s $0.57 per share. DISH’s profit will be $303.89 million for 13.57 P/E if the $0.65 EPS becomes a reality. After $0.83 actual EPS reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts -21.69 % negative EPS growth.

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company has market cap of $16.50 billion. It operates through two divisions, DISH and Wireless. It has a 7.46 P/E ratio. The firm provides video services under the DISH brand.

More notable recent DISH Network Corporation (NASDAQ:DISH) news were published by: Nasdaq.com which released: “Is This New Amazon Device the End of TiVo?” on September 05, 2018, also Prnewswire.com with their article: “DISH launches new remote app, allows businesses to control multiple TVs” published on September 06, 2018, Fool.com published: “This Trend Should Terrify Big Pay-TV Companies” on August 26, 2018. More interesting news about DISH Network Corporation (NASDAQ:DISH) were released by: Bizjournals.com and their article: “Dish Network tech crews look beyond the satellite dish as pay-TV subscriptions shrink” published on September 06, 2018 as well as Seekingalpha.com‘s news article titled: “Best And Worst Performing S&P 500 Stocks On Earnings” with publication date: August 14, 2018.

DISH Network Corporation (NASDAQ:DISH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.