Citi maintains 'Neutral' rating on EchoStar, raises price target from $27 to $28.50.
From Yahoo Finance: 2025-06-29 21:50:00
EchoStar Corporation (NASDAQ:SATS) is featured in a Growth Stock Portfolio, with Citi maintaining a ‘Neutral’ rating and raising the price target from $27 to $28.50. The company is a U.S.-based telecommunications firm offering broadband, wireless, and satellite services. Citi expects a strategic update from EchoStar within 30 days, emphasizing its importance as the company nears a bond-related interest payment milestone. Although SATS has potential, certain AI stocks may offer greater upside and lower risk, according to analysts. For more information on undervalued AI stocks, refer to a free report on the best short-term AI stock. No disclosures were made.
Read more at Yahoo Finance: Citi Maintains ‘Neutral’ Rating on EchoStar Corporation (SATS); Raises PT