J.P. Morgan Maintains Overweight on DigitalGlobe

J.P. Morgan is out with its report today on DigitalGlobe

, 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 better visibility into an expected commercial revenue ramp later this year." Shares of DGI closed Thursday at $24.72, up 0.90% from Wednesday's close.