EchoStar Corp (NASDAQ: SATS) stock enjoyed a major increase of 21.1% on 9/5/24. The shares closed at $22.28. Moreover, trading volume in this advance was exceptionally high at 340% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.8% during the last week.
Current PriceTarget Research Rating
SATS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
EchoStar has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. EchoStar has a good Power Rating of 82 and a very high Appreciation Score of 100, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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