Stifel analyst David Grossman downgraded Accolade (ACCD) to Hold from Buy with a price target of $7.03, down from $8, after the company agreed to be acquired by Transcarent for $7.03 per share in cash.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACCD:
- Accolade downgraded to Hold from Buy at Needham
- Exxon and Shell cautious on Q4, Flutter cuts guidance: Morning Buzz
- Accolade downgraded to Market Perform from Outperform at Leerink
- Accolade downgraded to Hold from Buy at Canaccord
- Accolade downgraded to Market Perform from Outperform at William Blair