DISH Network Corp.’s (DISH) Price Target Raised

Analysts at Cross Research have raised the price target for DISH Network Corp. (NASDAQ: DISH) from $20 to $22. The price target has been raised due to the increase in outlook for subscriber growth, and ARPU.

Analysts have increased the 2010 ARPU estimate by 1% to reflect price increases that took effect from February 1.

Analysts believe that an attractive valuation combined with continued improvement in subscriber trends, and price increases will have a positive impact on the company’s stock price.

However, analysts at Cross Research have a cautious outlook for DISH Network Corp., in 2010 and have therefore reiterated their Hold rating for the company.