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  "documentTitle": "Maxar Technologies (MAXR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2018-08-07 00:00:00",
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  "notes": "The table includes specific adjustments for debt, cash, and investments, and explicitly notes the exclusion of a potential $227m Ukraine arbitration payout.",
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      "text": "Given an inability to generate consistent cash flow, and weakening end markets, Maxar is a potential zero.",
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      "text": "Price Target: $0.00sh",
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      "text": "Given an inability to generate consistent cash flow, and weakening end markets, Maxar is a potential zero. On base case results, we forecast an intermediate term share price of $20.00 - $25.00 or 50% to 60% downside.",
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      "text": "(1) Downside based on $44.40/sh price",
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      "kind": "title",
      "text": "Spruce Point Estimates Up To 100% Downside",
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