Canaccord Genuity Maintains a 'Buy' on DigitalGlobe (DGI); EnhancedView Modifications Provide Upside
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Price: $28.50 +3.64%
Rating Summary:
6 Buy, 3 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
6 Buy, 3 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade DGI Now!
Canaccord Genuity maintains a 'Buy' on DigitalGlobe (NYSE: DGI) price target lowered from $18 to $16.
Analyst, Jeff Rath, said, "We maintain our rating, but have lowered our target to $16 (from $18) after DGI’s Q1/12 results. We continue to believe that success in the commercial business will likely drive a higher valuation multiple for DGI over time and are encouraged by the improving growth outlook, but we remain cautious on the macro for DGI’s D&I business."
For an analyst ratings summary and ratings history on DigitalGlobe click here. For more ratings news on DigitalGlobe click here.
Shares of DigitalGlobe closed at $12.28 yesterday, with a 52 week range of $11.61-$28.75.
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Analyst, Jeff Rath, said, "We maintain our rating, but have lowered our target to $16 (from $18) after DGI’s Q1/12 results. We continue to believe that success in the commercial business will likely drive a higher valuation multiple for DGI over time and are encouraged by the improving growth outlook, but we remain cautious on the macro for DGI’s D&I business."
For an analyst ratings summary and ratings history on DigitalGlobe click here. For more ratings news on DigitalGlobe click here.
Shares of DigitalGlobe closed at $12.28 yesterday, with a 52 week range of $11.61-$28.75.
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