EchoStar shares rise as Zacks upgrade adds to JPMorgan momentum

On Oct. 21, ECHO rose 7.5% in morning trading after Zacks Research upgraded it to Strong Buy; the report cited momentum from JPMorgan’s Oct. 16 Underweight-to-Overweight move and $144 target. ECHO reached $93.05 from a $90.44 open; Nasdaq was up 0.7%, S&P 500 0.2%. The article reported analyst consensus target of $138.56.