Why Dish Network (DISH) Stock Is Rising Today

NEW YORK (TheStreet) -- Dish Network (DISH) shares are up 1% to $65.45 on Tuesday after analysts at Goldman Sachs (GS)  added the company to the firm's "conviction buy" list while setting a $78 price target on the company.

"We believe DISH's spectrum is undervalued by 40%+ with multiple catalysts for unlocking this value," said analysts at the firm citing valuation of the company's spectrum as a reason for the firm's positive outlook.

The satellite television service provider's price target represents a 19.1% upside from its current price.

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DISH Chart DISH data by YCharts

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