- JPMorgan downgrades DigitalGlobe (DGI) to Neutral from Overweight. Price target $27 vs. $30 previously (implies 30% upside).
- Firm cites weakening growth outlook for DGI's commercial segment and a lack of catalysts.
- Related: DigitalGlobe: Earnings Outlook Bleak As Competition Looms (Aug. 17)
- Related: Hold Off On DigitalGlobe Inc. (Jul. 25)
- Related: DigitalGlobe Ready To Reap Cash Flow, But Still Has To Build Its Commercial Efforts (Apr. 17)