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EchoStar price target lowered to $30 from $37 at TD Cowen
The Fly

EchoStar price target lowered to $30 from $37 at TD Cowen

TD Cowen lowered the firm’s price target on EchoStar (SATS) to $30 from $37 and keeps a Buy rating on the shares. The firm said they posted downside results with EBITDA misses in each segment, and while off to a poor start, funding is in place and they removed the 10-Q “Going Concern” disclosure.

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