J.P. Morgan Maintains Overweight on DigitalGlobe


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J.P. Morgan is out with its report today on DigitalGlobe (NYSE: DGI), maintaining Overweight.In a note to clients, J.P. Morgan writes, "Our FY11 and FY12 estimates and $36 price target are unchanged. We maintain our Overweight rating, primarily on valuation. Near-term, we sense the stock is unlikely to outperform until we get bettervisibility into an expected commercial revenue ramp later this year."Shares of DGI closed Thursday at $24.72, up 0.90% from Wednesday's close.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorAnalyst RatingsDigitalGlobeJ.P. Morgan