Morgan Stanley believes that EchoStar 's business gives it a leg up over other names in the U.S. wireless business. The bank upgraded shares of the telecommunications company to overweight from equal-weight. Analyst Benjamin Swinburne also lifted his price target to $110 from $82. Shares of EchoStar have surged 308% this year. Swinburne's new forecast represents additional upside of 18% ahead. SATS YTD mountain SATS YTD chart Swinburne cited increased value for EchoStar associated with announced spectrum sales to AT & T and SpaceX, which should respectively close by mid-year 2026 and in November 2027. "The value we are assigning to the cash proceeds of the announced spectrum sales in our YE26 PT is roughly 22% higher than our prior PT assumption," he wrote. "We are also raising our estimat

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