Positive
●
Invezz
●
4 months ago
EchoStar (SATS) has a sizeable stake in the newly public SpaceX (SPCX) – one that's being largely underappreciated by market participants, says New Street's senior analyst David Barden. In a recent note to clients, Barden raised his price target on the telecommunications firm to $165, indicating potential upside of an exciting 40% on its previous close.