Jefferies Maintains a 'Buy' on DigitalGlobe (DGI); Review of DGI/GEOY S-4 Filing

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Jefferies maintains a 'Buy' on DigitalGlobe (NYSE: DGI) price target of $24.00.

Analyst, Howard A. Rubel, said, "On August 30th, after the market close, DGI filed an S-4 related to the GeoEye merger (Nasdaq: GEOY)(NotCovered). DGI continues to expect the merger with GEOY to be completed in late Q4:2012 or during Q1:2013."

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 $20.22 yesterday, with a 52 week range of $11.61-$23.00.

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