By: Benzinga
March 11, 2013 at 15:16 PM EDT
UPDATE: Piper Jaffray Reiterates Overweight on DigitalGlobe after Management Meetings
In a report published Monday, Piper Jaffray reiterated its Overweight rating and $32 price target on DigitalGlobe (NASDAQ: DGI ) Piper Jaffray reported that, “With the acquisition of GEOY, DGI adds advanced production and analytic capabilities, expanded satellite capacity, and $1.8B of expected synergies. These incremental capabilities should drive faster
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