DISH Network Corp (NASDAQ: DISH) stock suffered a major decline of -37.4% on 11/6/23. The shares closed at $3.43. The stock has been extremely weak relative to the market over the last nine months and has declined -26.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DISH is expected to continue to be a modest Value Builder.
DISH Network has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DISH Network has a very high Appreciation Score of 99 but a very low Power Rating of 7, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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