Core Viewpoint - EchoStar Corp (NASDAQ:SATS) has seen a significant stock price increase following an upgrade from Morgan Stanley, which raised its rating to "overweight" and increased the price target to $110 from $82, indicating a positive outlook for the company amidst rising competition in the US wireless market [1] Group 1: Stock Performance - SATS stock rose 6.4% to $99.54 after the upgrade, with a notable increase of 33.7% this week alone and a year-to-date rise of 333.6% [1] - The stock is currently in "overbought" territory with a 14-day relative strength index (RSI) of 91.7, suggesting a potential short-term dip may be imminent [1] Group 2: Market Sentiment - There is a significant short interest in SATS, with 16% of the total available float sold short, indicating contrarian potential [2] - The average trading pace suggests it would take nearly a full trading week for short sellers to cover their positions [2] - Among analysts, six out of nine maintain "hold" ratings, with a consensus 12-month price target of $81, which represents a 17% discount to the current stock price [2] Group 3: Options Activity - There is heightened activity in options trading for SATS, with 13,000 calls exchanged, which is six times the average intraday pace, compared to only 1,010 puts [3] - The most popular options include the April 115 call and the weekly 1/9 105-strike call, with new positions also opening at the January 2026 135-strike call [3]