|Over a week ago|
Maxar Technologies falls -26.3% » 12:0005/0405/04/21
Maxar Technologies is…
Maxar Technologies is down -26.3%, or -$10.33 to $28.90.
Maxar Technologies positive outlook intact despite miss, says JPMorgan » 07:3605/0405/04/21
JPMorgan analyst Seth…
JPMorgan analyst Seth Seifman keeps an Overweight rating on Maxar Technologies with a $47 price target after the company's Q1 results "fell short." The analyst's positive outlook is still based on expectations for profitable Earth Intelligence growth, de-leveraging, and an attractive valuation. The Sirius satellite charge that drove the Q1 miss is a lesser issue, says Seifman, who is more focused on the timing of the Worldview Legion launch.
Fly Intel: After-Hours Movers » 18:4205/0305/03/21
CHGG, CC, KFRC, RMBS, SANM, IRBT, MAXR, LGND, MOS, VNOM, VRNS, CAR, SEDG, ADUS, BOOM, HLIT
UP AFTER EARNINGSChegg…
Maxar Technologies reports Q1 EPS ($1.30) vs ($1.30) last year » 16:0905/0305/03/21
Reports Q1 revenue $392M…
Reports Q1 revenue $392M vs $381M last year. "We continued this quarter to make progress toward achieving our longer-term targets, including efforts to drive sustainable growth in both our Earth Intelligence and Space Infrastructure segments and to reduce our debt and leverage," stated Dan Jablonsky, President and Chief Executive Officer. "In Earth Intelligence we signed several renewals with commercial and international government customers and booked awards with the US Army and National Geospatial Intelligence Agency to support training, tactical, and intelligence missions. In Space Infrastructure, key wins included a contract modification with NASA and several study contracts supporting national security missions."
|Over a month ago|
TD upgrades Maxar Technologies on 'compelling' entry after selloff » 09:4504/0504/05/21
TD Securities analyst Tim…
TD Securities analyst Tim James upgraded Maxar Technologies to Buy from Hold with an unchanged price target of $51. The analyst cites the 34% upside to the price target for the upgrade. He has a positive view of the "operational and financial recovery taking place at the company" and expects space-based investments will attract "increasing interest." Maxar shares price have declined by 30% since its peak in late January, James tells investors in a research note. He sees a "compelling entry point" after the selloff.
Maxar Technologies upgraded to Buy from Hold at TD Securities » 07:2504/0504/05/21
TD Securities analyst Tim…
TD Securities analyst Tim James upgraded Maxar Technologies to Buy from Hold.
Maxar Technologies delivers Solar Electric Propulsion Chassis for NASA mission » 16:0303/2903/29/21
Maxar Technologies announced the delivery of the Solar Electric Propulsion Chassis to NASA's Jet Propulsion Laboratory for the NASA Discovery Mission, Psyche. The SEP Chassis is based on Maxar's 1300-class platform, the world's most trusted spacecraft, which provided NASA the opportunity to budget, design and build the historic Psyche mission on flight-proven, commercially developed hardware.
Maxar Technologies awarded U.S. Army contract worth up to $48.3M » 06:0403/2903/29/21
Maxar Technologies announced it was awarded a U.S. Army contract worth as much as $48.3M for support services in geospatial intelligence. The U.S. Army Combat Capabilities Development Command C5ISR Center, Intelligence & Information Warfare Directorate awarded Maxar the Small Business Innovation Research Phase III contract in support of Army operations and intelligence to include Combatant Commands and other government stakeholders. Support services will include gathering, analyzing and manipulating GEOINT and other intelligence sources as the basis for predictive analysis tools and algorithms, including Maxar's Signature Analyst, a predictive analytics tool developed under a SBIR Phase I and Phase II program. The Phase III contract includes two base and three option years. Work under the initial contract will be performed through March 4, 2023.
Fly Intel: Top five analyst upgrades » 09:5303/2503/25/21
CSCO, MAXR, AMD, CSL, MTN
Catch up on today's…
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Cisco (CSCO) upgraded to Buy from Neutral at Goldman Sachs with analyst Rod Hall saying the prospect of increased enterprise spending on campus networking to enable a video conferencing heavy return to offices "presents opportunity for fundamental upside." 2. Maxar Technologies (MAXR) upgraded to Overweight from Neutral at JPMorgan with analyst Seth Seifman saying Maxar's story of adding new imagery capacity, becoming profitable in Space Infrastructure, de-levering and generating cash is unchanged but the stock "has been caught up in market turbulence" around an equity offering last week and is now more attractive following the pullback. 3. AMD (AMD) upgraded to Outperform from Market Perform at Northland with analyst Gus Richard saying he believes Intel's expansion into the foundry market will increase AMD as a priority for TSMC (TSM) and that Intel "will be persona non grata." For this reason, Richard expects AMD's market share momentum to continue, driving the upgrade to Outperform. 4. Carlisle (CSL) upgraded to Buy from Hold at Loop Capital with analyst Garik Shmois citing the findings of his roofing survey, which indicated broad support for the industry's upcoming price increase, an expectation of additional price increases later this year, and a supply/demand set-up that is starting to look like what the residential roofing industry is experiencing. 5. Vail Resorts (MTN) upgraded to Buy from Neutral at BofA with analyst Shaun Kelley saying Vail is well positioned to benefit from "high-end pent-up leisure demand" in the coming ski season. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
Maxar Technologies price target lowered to $50 from $55 at Canaccord » 07:4103/2503/25/21
Canaccord analyst Ken…
Canaccord analyst Ken Herbert lowered the firm's price target on Maxar Technologies to $50 from $55 and keeps a Buy rating on the shares. The price target reduction reflects the recent share offering as he maintains his adjusted EB ITDA estimates for 2021 and 2022. The analyst believes the company is attractive fore its exposure to the emerging and maturing space markets.