Analyst upgrade...RBC Dominion Securities analyst Ken Herbert has initiated coverage of Maxar Technologies Inc. with an “outperform” recommendation and US$42 target. “After multiple delays on the launch of its WorldView Legion satellite constellation, the expected 2022 launch of the six-satellite constellation will be a positive catalyst,” he said “The company remains well positioned for the upcoming US Government EOCL contract, even with additional competition. The stock is a core holding for exposure to legacy and ‘NewSpace’ markets. The current valuation of 9.2 times 2022 EBITDA reflects the risk to the 2023 outlook, and provides a compelling risk-reward.”