Canaccord Genuity Maintains a 'Buy' on DigitalGlobe (DGI); EnhancedView Modifications Provide Upside
Tweet
Share
E-mailGet Alerts DGI Hot Sheet
Price: $34.40 --0%
Rating Summary:
2 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 20
Rating Summary:
2 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 20
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freedom Broker Upgrades PrimeEnergy Resource (PNRG) to Hold
- William Blair Downgrades Enovix Corporation (ENVX) to Market Perform
- Samsonite International SA (1910:HK) (SMSEY) PT Lowered to HK$19.60 at Macquarie
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
