DirecTV (DTV -0.6%) and Dish Network (DISH +2.5%) are upgraded by boutique firm Moffett Research...

|About: DISH Network Corporation (DISH)|By:, SA News Editor

DirecTV (DTV -0.6%) and Dish Network (DISH +2.5%) are upgraded by boutique firm Moffett Research to a Buy Rating as analyst Craig Moffett takes another look at a DISH-DTV merger following Dish's withdrawal of its tender offer for Clearwire. Analyst Craig Moffett says that after "pruning bad branches" from the combined satellite giant, synergies from the deal would be "staggering" and could represent $30B to $40B in net present value.

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