EchoStar’s stock looks like a stealthy way to ride the SpaceX wave, J.P. Morgan says
Summary
According to J.P. Morgan, financial markets are currently underestimating the value of EchoStar. An analyst points out that the company could benefit significantly from its upcoming stake in SpaceX and the possibility of future agreements regarding spectrum assets.
Investors aren’t giving EchoStar enough credit for the value of its future SpaceX stake or its potential to strike more spectrum deals, an analyst argues.
Source: Read the full story at MarketWatch.com - Top Stories
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