Why EchoStar Stock Crept Higher Today

The company has quite an interesting asset in its portfolio.A rather up-and-down stock lately, satellite technology specialist EchoStar (SATS +1.29%) had a good trading session on Friday. Its shares rose by more than 1%, edging past the bellwether S&P 500 index, largely on an analyst's rather generous price target raise. A bull weighs in with a new takeThe person behind the raise was Deutsche Bank (prognosticator Bryan Kraft. Well before market open that day, Kraft elected to boost his fair value assessment ...