RE:RBC Comments - Target from 67 to 40 USDYou can't beleive anything the RBC Analyst says, guy isn't doing his homework. He just keeps lowering the price as the price goes lower - a week ago it was $57 now $40???? before that it was $80.
He probably wrote this as he was in a hurry to go for lunch
LMAO - Huston we have a problem!!
oilwatcher13 wrote: Maxar Technologies Ltd. Disappointing Q3 results & $384MM SSL impairment (expected), but -45% overcorrects Our view: Weak GEO performance drove Q3 results well below expectations, but we see -45% market reaction as too severe. Other segments posted growth, which we expect to continue following the GEO review. Investors have (understandably) lost patience, but even after reducing our forecast and target multiples, we arrive at a $40 target (over 2x return). Recent performance is clearly disappointing, but risk/reward merits an opportunistic look.