Morgan Stanley has initiated coverage on EchoStar (NASDAQ:SATS) with an overweight rating and a $134 price target. The firm highlights EchoStar's discounted exposure to SpaceX as a key investment thesis.
Morgan Stanley Initiates EchoStar with Overweight Rating, Citing SpaceX Exposure
SATSMorgan StanleyAnalyst RatingSpaceXSatellite CommunicationsTechnology

