The Benchmark Company Maintains Buy Rating and $32 PT on DigitalGlobe


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A report from The Benchmark Company reiterates its Buy rating and $32 price target on Digital Global (NYSE: DGI).The report states, “Reiterate BUY on valuation and double-digit growth in FY12. We maintain our FY11 sales estimate of $336 million, but increase our pro forma EPS to $0.15 to reflect better margin in Q4. We estimate DGI's $50 million one-time charge related to the premium and financing fees paid to retire its debt will result in a GAAP EPS loss of $0.35 in Q4."DGI closed yesterday at $18.25.

Crypto Whales Are Loading Up — Are You?

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 ColorEarningsNewsGuidanceReiterationAnalyst RatingsThe Benchmark Company