EchoStar Corp. (SATS) Misses Q2 EPS by 41c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall St indexes fall to two-week lows as rising bond yields, disappointing Walmart results drag
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
JPMorgan Downgrades Echostar Holdings (SATS) to Underweight 'on Leverage/Funding Concerns and Still Ramping Wireless Efforts'
August 12, 2024 5:36 AM EDTJPMorgan analyst Philip Cusick downgraded Echostar Holdings (NASDAQ: SATS) from Neutral to Underweight with a price target of $12.00.
The analyst comments "We downgrade EchoStar to Underweight (from Neutral) due to 1) leverage/funding concerns, 2) increased opex/capex related to wireless ramp, and 3) continued pressure in the companys core legacy businesses (PayTV and Broadband). SATS reported mixed 2Q results, with better PayTV KPIs and... More
