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Do Analysts Expect DISH Network Corp (DISH) Stock to Rise After It Is Lower By -2.33% in a Month?

Friday, September 29, 2023 02:49 PM | InvestorsObserver Analysts

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Do Analysts Expect DISH Network Corp (DISH) Stock to Rise After It Is Lower By -2.33% in a Month?

Wall Street is positive on DISH Network Corp (DISH). On average, analysts give DISH a Buy rating. The average price target is $13.416, which means analysts expect the stock to rise by 128.55% over the next twelve months. That average ranking earns DISH an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating DISH a Buy today. Find out what this means to you and get the rest of the rankings on DISH!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With DISH Network Corp Stock Today?

DISH Network Corp (DISH) stock is trading at $5.87 as of 2:47 PM on Friday, Sep 29, a loss of -$0.05, or -0.76% from the previous closing price of $5.91. The stock has traded between $5.82 and $6.04 so far today. Volume today is less active than usual. So far 3,129,237 shares have traded compared to average volume of 7,948,521 shares. Click Here to get the full Stock Report for DISH Network Corp stock.

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