J.P. Morgan Maintains Neutral Rating On GeoEye

According to J.P. Morgan, GeoEye GEOY Neutral rating is maintained. J.P. Morgan said that it maintains its Neutral rating on GEOY ahead of 2Q results. “We are establishing a December 2012 price target of $45.00, from a December 2011 price target of $42.50. We believe long-term investors should keep this stock on their radar and look for a further pullback to add to positions.” GeoEye closed yesterday at $35.26.