B. Riley downgraded Altus Power (AMPS) to Neutral from Buy with a price target of $5, down from $6, after the company announced it has entered into an agreement to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy for $5.00 per share.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMPS: