Satellite : Crystal Ball on DISH, DIRECTV
It’s crystal ball season on Wall Street as analysts cast their best bets on upcoming third quarter results. Monday’s round of forecasts looked relatively positive for the satellite sector as Merrill Lynch analyst Jessica Reif Cohen bumped her rating on DISH to Neutral from Underperform. Reif Cohen cited signs that the business is beginning to stabilize plus churn improvement for her boost to DISH. DISH reports its results on Monday, Nov. 9.
Meanwhile Kaufman Bros. reiterated its Buy on DIRECTV on expectations of solid quarterly results. DIRECTV reports this Thursday
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