Citi Lifts PT on EchoStar Corporation (SATS) to $67 From $28.50, Keeps a Neutral Rating

EchoStar Corporation (NASDAQ:SATS) is one of the best hot large cap stocks to buy according to hedge funds. On August 29, Citi analyst Michael Rollins raised the firm’s price target on EchoStar Corporation (NASDAQ:SATS) to $67 from $28.50, keeping a Neutral rating on the shares.

The firm told investors that it updated EchoStar Corporation’s (NASDAQ:SATS) model to take into account the spectrum sale to AT&T.

EchoStar Corporation (NASDAQ:SATS) is a provider of television entertainment, networking services, connectivity, and technology. Its portfolio of brands includes EchoStar, Sling TV, DISH TV, Hughes, Boost Mobile, HughesNet, HughesON, and JUPITER.

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Disclosure: None. This article is originally published at Insider Monkey.