Jefferies & Company Reiterates Buy Rating, $24 PT for DigitalGlobe

In a report published earlier today, Jefferies & Company, Inc. reiterated its Buy rating and $24.00 price target for DigitalGlobe

. Jefferies went on to say “On June 22nd after the market close, GeoEye (GEOY, NC, $18.34) filed an 8-K. GeoEye received notification from the NGA of a proposed change to the third year of the EnhancedView Service Level Agreement and an offer of reduced funding for the GeoEye-2 satellite cost share agreement.” DigitalGlobe closed on Friday at $15.60.