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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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