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Fly News Breaks for July 21, 2017
DGI
Jul 21, 2017 | 05:49 EDT
Piper Jaffray analyst Peter Appert downgraded DigitalGlobe to Neutral saying the emergence of another bidder for the company looks "increasingly unlikely." The analyst, however, adds that DigitalGlobe's Q2 results reinforce his view that the existing roughly $34 takeover bid from MacDonald, Dettwiler is low. He lowered his price target for DigitalGlobe shares to $34 from $37.
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