- EchoStar is trading at $128.13 (+39.3%) in after-hours following Raymond James upgrading the stock to Strong Buy with a $115 price target.
- Deutsche Bank also maintained a Buy rating on EchoStar, setting a price target of $137.
- Analysts view EchoStar as having substantial upside potential due to a deep sum-of-the-parts discount and easing technical trading pressures.