Jefferies is reiterating a Buy on satellite imagery firm DigitalGlobe (DGI), which (along with...

|By:, SA News Editor

Jefferies is reiterating a Buy on satellite imagery firm DigitalGlobe (DGI), which (along with rival GEOY) tumbled yesterday after lawmakers penned a letter warning of "major reductions" in the government's EnhancedView imagery program. Jefferies notes DigitalGlobe has already made significant investments in its WorldView-3 satellite, and claims it should have no trouble turning cash flow positive.