EchoStar price targets shift as SpaceX stake draws focus

EchoStar drew analyst attention after UBS and Citi revised price targets, highlighting the value of its SpaceX stake. UBS trimmed its target to $125, citing EchoStar shift toward an investment-focused model, while Citi raised its target to $111, noting that a potential $800B valuation for SpaceX could significantly boost EchoStar stake value.