---
title: "Deutsche Bank, Citi restart EchoStar coverage with buy ratings; see up to 40% upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291963468.md"
description: "Deutsche Bank and Citi reinstated coverage of EchoStar with buy ratings, citing a significant discount to its $42.4 billion stake in SpaceX. Deutsche Bank set a $143 price target (40% upside), while Citi set a $126 target (28% upside). This follows EchoStar's shares falling over 30% from highs after subsidiary Dish filed for Chapter 11 bankruptcy."
datetime: "2026-07-07T17:20:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291963468.md)
  - [en](https://longbridge.com/en/news/291963468.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291963468.md)
---

# Deutsche Bank, Citi restart EchoStar coverage with buy ratings; see up to 40% upside

According to CNBC, Deutsche Bank and Citi reinstated coverage of EchoStar with buy ratings on Tuesday, with Deutsche Bank setting a $143 price target (about 40% upside from Monday’s close) and Citi setting a $126 target (about 28% upside). CNBC said EchoStar shares have fallen more than 30% from their 52-week high and were last up 2% in midday trading, after its pay TV subsidiary Dish DBS filed for Chapter 11 bankruptcy last month following deferred debt payments. Analysts cited EchoStar’s exposure to SpaceX, with Deutsche Bank Research estimating EchoStar’s $42.4 billion stake in SpaceX represents about 65% of EchoStar’s total net asset value and equates to $121.46 per EchoStar share versus around $100 on Tuesday, implying a roughly 20% discount; CNBC also reported SpaceX shares traded around $150 on Tuesday and were down more than 5%.

### Related Stocks

- [ECHO.US](https://longbridge.com/en/quote/ECHO.US.md)
- [DB.US](https://longbridge.com/en/quote/DB.US.md)
- [DBK.DE](https://longbridge.com/en/quote/DBK.DE.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [SATS.US](https://longbridge.com/en/quote/SATS.US.md)
- [03KB.DE](https://longbridge.com/en/quote/03KB.DE.md)
- [DPB.DE](https://longbridge.com/en/quote/DPB.DE.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [EchoStar’s Q2 2026 Earnings: What to Expect](https://longbridge.com/en/news/293466914.md)
- [AT&T closes USD 23 billion purchase of EchoStar spectrum licenses](https://longbridge.com/en/news/294109476.md)
- [Three prices where SpaceX stock is a buy](https://longbridge.com/en/news/294081227.md)
- [Employees Reveal That Blue Origin Stock Is Worthless Just Weeks After SpaceX IPO Turned Employees Into Millionaires](https://longbridge.com/en/news/294389554.md)
- [Cathie Wood is buying SpaceX stock as it sinks 50% below its post-IPO high. Should you follow her?](https://longbridge.com/en/news/294596118.md)