CRT Starts IRDM at Buy, VSAT, DGI, GEOY at Fairly Valued

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CRT Capital's Brian Ruttenbur initiated coverage on a number of stocks in the satellite-based communication and business services sector:

• Iridium (Nasdaq: IRDM) with a Buy rating and an $11 price target
  
• ViaSat (Nasdaq: VSAT) with a Fairly Valued rating and a $38 price target
  
• DigitalGlobe (NYSE: DGI) with a Fairly Valued rating and a $18 price target
  
• GeoEye (Nasdaq: GEOY) with a Fairly Valued rating and a $21 price target

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