DISH downgraded to Hold from Buy at Wunderlich

July 24, 2013

Wunderlich downgraded DISH (DISH) after the company bid to acquire assets of LightSquared but raised its price target for shares to $50 from $42. The firm believes a deal with DirecTV (DTV) is now more remote and says a deal with T-Mobile (TMUS) may be DISH's only alternative to a full-blown greenfield entry.