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Stock Market & Financial Investment News

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April 16, 2014
07:21 EDTDGIDigitalGlobe higher resolution approval would be catalyst, says Piper Jaffray
Piper Jaffray said it is "increasingly confident" that DigitalGlobe will receive approval to sell higher resolution imagery after Director of National Intelligence James Clapper this week indicated that U.S. intelligence agencies had "reached consensus" to approve the sale of higher resolution imagery to the commercial market. Piper views the approval as an important catalyst for DigitalGlobe and keeps an Overweight rating on the stock with a $43 price target.
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