Citigroup upgraded its rating on shares of EchoStar Corp. (SATS) Tuesday morning from a "Sell" to a "Buy."
EchoStar Corp. gapped up slightly Tuesday and rose sharply in early trade. Shares advanced further around midday and finished higher by $3.03 at $19.00 on strong volume. The stock broke out past resistance and set a 9-month high.
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