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up 2.92 %

ECHOSTAR HOLDING WI (SATS) rated Outperform by Wells Fargo

Posted on: Tuesday,  Sep 24, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform ECHOSTAR HOLDING WI (NASDAQ: SATS) on 09/24/2013, when the stock price was $43.35. Since
then, ECHOSTAR HOLDING WI has gained 2.93% as of 09/25/2015's recent price of $44.62.
If you would have followed this Wells Fargo's recommendation on SATS, you would have gained 2.92% of your investment in 731 days.

EchoStar Corporation operates two primary business units: igital Set-Top Box business and Satellite Services business. It had a spin-off from DISH Network on January 1, 2008. Digital Set-Top Box business designs, develops and distributes digital set-top boxes and related products and technology, including its Slingbox placeshifting technology, primarily for satellite television service providers, telecommunication and cable companies and directly to consumers? through retail outlets. Its Digital Set-Top Box business also provides digital broadcast operations, including satellite uplinking/downlinking, transmission services, signal processing, conditional access management and other services provided primarily to DISH Network. Satellite Services Business uses the Company?s eight owned and leased in-orbit satellites and related Federal Communications Commission licenses to lease capacity on a full time and occasional-use basis to enterprise, broadcast news and government organizations.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -2.80 %
1 Month down  -6.96 %
3 Months up  8.78 %
1 YTD up  8.78 %

(*) Stock Price at the time of the recommendation.
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