William Blair analyst Ryan Merkel downgraded Azek (AZEK) to Market Perform from Outperform after James Hardie (JHX) announced a deal to acquire Azek for a mixed consideration of cash and stock worth $8.75B, or $56.88 per share.
William Blair analyst Ryan Merkel downgraded Azek (AZEK) to Market Perform from Outperform after James Hardie (JHX) announced a deal to acquire Azek for a mixed consideration of cash and stock worth $8.75B, or $56.88 per share.